LYCOPODIUM LIMITED — Earnings Release 2012

Aug 23, 2012

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ASX RELEASE

LYCOPODIUM LIMITED 2011/12 RESULTS

24 August 2012

Revenue : $232 million, up 37% from 2011 result Profit Before Tax : $32 million, up 28% from 2011 result Profit After Tax : $22 million, up 31% from 2011 result Earnings Per Share : 57 cents per share, up 29% from 2011 Total Dividend : 33 cents per share, up 10% from 2011

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Lycopodium Limited

ABN 83 098 556 159

Level 5, 1 Adelaide Terrace East Perth, Western Australia 6004 Australia

PO Box 6832 East Perth, Western Australia 6892 Australia T: +61 (0) 8 6210 5222 www.lycopodium.com.au

The Directors of Lycopodium are pleased to be able to report record performance for the 2011/12 financial year.

During the financial year ended 30 June 2012, Lycopodium realised revenues of $232 million, a 37% increase on the $169 million in the previous financial year. Net profit after tax was $22 million, as compared to $17 million in the previous financial year, a 30% increase.

In addition to the segment reporting format in the Appendix 4E report, we are also including our prior segment reporting format.

Basic earnings per share increased from 44 cents for the previous financial year to 57 cents. The Directors have resolved to pay a final dividend of 21 cents fully franked reflecting the increased profit, but also the increased capital demands associated with current organic growth initiatives. The total dividend for the year is 33 cents fully franked as compared to 30 cents in the prior year.

The record result reflects the strong demand for services across the group and a significant portion of our project pipeline progressing from detailed design into construction. Our workload remains spread across a range of commodities, notably gold, iron ore, nickel and copper and includes both domestic and international projects.

Our organic growth initiatives have continued to gain momentum during the year with Lycopodium Minerals Canada and OMC Canada both progressively growing their teams and securing new work with Clients. Lycopodium Rail commenced operation to service the heavy rail sector in the Hunter Valley.

The company will provide a revenue and profit guidance as part of the mid-year results, when there is improved visibility for the overall 2012/13 financial year.

Lycopodium is extremely proud of the achievements of our personnel over the last year. The Board of Directors acknowledges that the company’s ability to continue to deliver world class services to our Clients and to maintain and enhance the company’s performance and capability is dependent on the continued commitment and support of our personnel.

Dividend Entitlements

The final dividend of 21 cents per share fully franked will be paid to shareholders on 15 October 2012, with a record date of 8 October 2012.

For further information: Rod Leonard Managing Director T: +61 8 6210 5222

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Lycopodium Limited

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