LYCOPODIUM LIMITED — Interim / Quarterly Report 2012

Aug 23, 2012

Lycopodium Limited and Controlled Entities ABN 83 098 556 159

Appendix 4E - Preliminary Final Report for the year ended 30 June 2012

Lycopodium Limited and Controlled Entities ABN 83 098 556 159 Appendix 4E - Preliminary Final Report - 30 June 2012

Lodged with the ASX under Listing Rule 4.3A. This information should be read in conjunction with the Annual financial report

Contents

Contents
	Page
Results for Announcement to the Market	1
Preliminary Statement of Comprehensive Income	2
Preliminary Balance Sheet	3
Preliminary Statement of Changes in Equity	4
Preliminary Statement of Cash Flows	5
Preliminary Selected Notes to the Financial Statements	6
Supplementary Appendix 4E information	16

Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report For the year ended 30 June 2012

Results for announcement to the market

						$
Revenuefrom ordinary activities (Appendix 4E item 2.1)	Up		36.8%	to		232,286,982
Profitfrom ordinary activities after tax attributable to members (Appendix 4E item 2.2)	Up		30.6%	to		22,355,099
Net profitfor the period attributable to members (Appendix 4E item 2.3)	Up		30.6%	to		22,355,099
		$			$
Dividends / distributions (Appendix 4E item 2.4)		Amount per security			Franked amount per security
Final dividend (cents)		21.0			21.0
Key ratios		2012			2011
		June			June
Basic earnings pershare (cents)		57.3			44.4
Net tangible assets per shares (cents)		139.1			112.6

Record date for determining entitlements to the final dividents

02 October 2012

1

Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Statement of Comprehensive Income For the year ended 30 June 2012

Notes Revenue from operations 3 Employee benefits expense Depreciation and amortisation expense 4 Project expenses Equipment and materials Contractors Administration and management costs Loss on disposal of asset Finance costs 4 Share of net profit of joint venture accounted for using the equity method Profit before income tax Income tax expense Profit for the year Other comprehensive (expense)/income Changes in the fair value of available-for-sale financial assets 5 Exchange differences on translation of foreign operations 5 Income tax relating to components of other comprehensive income Other comprehensive (expense)/income for the year, net of tax Total comprehensive income for the year Profit for the year is attributable to: Owners of Lycopodium Limited Non-controlling interests Total comprehensive income for the year is attributable to: Owners of Lycopodium Limited Non-controlling interests Earnings per share attributable to the ordinary equity holders of the parent entity: Basic earnings per share 12 Diluted earnings per share 12	Consolidated 2012 $ 2011 $ 232,286,982 169,842,916 (111,944,909) (83,588,572) (1,784,442) (1,286,219) (10,581,901) (4,181,481) (839,435) (216,994) (58,881,655) (41,516,936) (16,431,351) (13,866,490) (1,503) (25,503) (330,272) (252,832) 280,263 -
	31,771,777 24,907,889 (9,416,678) (7,795,136)
	22,355,099 17,112,753
	(23,000) (1,000) (336,980) 79,326 6,900 300
	(353,080) 78,626
	22,002,019 17,191,379
	22,143,034 17,162,237 212,065 (49,484)
	22,355,099 17,112,753
	21,789,954 17,240,863 212,065 (49,484)
	22,002,019 17,191,379
	Cents Cents 57.3 44.4 56.0 44.1

The above preliminary statement of comprehensive income should be read in conjunction with the accompanying notes.

2

Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Balance Sheet As at 30 June 2012

Notes ASSETS Current assets Cash and cash equivalents Trade and other receivables Other current assets Total current assets Non-current assets Investments accounted for using the equity method 9 Available-for-sale financial assets Property, plant and equipment Intangible assets Other receivables Deferred tax assets Total non-current assets Total assets LIABILITIES Current liabilities Trade and other payables Borrowings Current tax liabilities Provisions Total current liabilities Non-current liabilities Borrowings Provisions Total non-current liabilities Total liabilities Net assets EQUITY Contributed equity Reserves 5(a) Retained profits 5(b) Parent entity interest Non-controlling interests 6 Total equity	Consolidated 2012 $ 2011 $ 27,768,444 26,199,742 52,590,370 39,835,368 3,547,988 1,639,824
	83,906,802 67,674,934
	280,264 - 9,000 32,000 5,308,393 4,119,085 6,113,748 6,150,895 1,233,835 1,629,874 4,535,790 4,273,369
	17,481,030 16,205,223
	101,387,832 83,880,157
	34,158,532 24,080,951 1,622,503 909,754 2,176,954 6,242,748 1,097,956 316,431
	39,055,945 31,549,884
	1,535,136 1,781,208 917,164 861,971
	2,452,300 2,643,179
	41,508,245 34,193,063
	59,879,587 49,687,094
	18,730,297 18,730,297 294,906 89,318 40,689,644 30,916,243
	59,714,847 49,735,858 164,740 (48,764)
	59,879,587 49,687,094

The above preliminary balance sheet should be read in conjunction with the accompanying notes.

3

Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Statement of Changes in Equity For the year ended 30 June 2012

Consolidated Balance at 1 July 2010 Profit for the year Other comprehensive income Total comprehensive income for the year Transactions with owners in their capacity as owners: Non-controlling interests on acquisition of subsidiary Foreign currency transactions with non-controlling interests Dividends provided for or paid Performance rights - value of rights Balance at 30 June 2011 Balance at 1 July 2011 Profit for the year Other comprehensive income Total comprehensive income for the year Transactions with owners in their capacity as owners: Non-controlling interests on acquisition of subsidiary Foreign currency transactions with non-controlling interests Dividends provided for or paid Performance rights - value of rights Balance at 30 June 2012	Contributed equity $ Retained earnings $ Foreign currency translation reserve $ Available for sale investment revaluation reserve $ Performance rights reserve $ Non-con- trolling interests $ Total equity $ 18,730,297 26,123,639 (347,012) (60,900) 273,411 - 44,719,435 - 17,162,237 - - - (49,484) 17,112,753 - - 79,326 (700) - - 78,626
	- 17,162,237 79,326 (700) - (49,484) 17,191,379
	- - - - - 1 1 - - - - - 719 719 - (12,369,633) - - - - (12,369,633) - - - - 145,193 - 145,193
	- (12,369,633) - - 145,193 720 (12,223,720)
	18,730,297 30,916,243 (267,686) (61,600) 418,604 (48,764) 49,687,094
	18,730,297 30,916,243 (267,686) (61,600) 418,604 (48,764) 49,687,094 - 22,143,034 - - - 212,065 22,355,099 - - (336,980) (16,100) - - (353,080) - 22,143,034 (336,980) (16,100) - 212,065 22,002,019 - - - - - 27 27 - - - - - 1,412 1,412 - (12,369,633) - - - - (12,369,633) - - - - 558,668 - 558,668 - (12,369,633) - - 558,668 1,439 (11,809,526) 18,730,297 40,689,644 (604,666) (77,700) 977,272 164,740 59,879,587

The above preliminary statement of changes in equity should be read in conjunction with the accompanying notes.

4

Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Statement of Cash Flows For the year ended 30 June 2012

Consolidated

Notes Cash flows from operating activities Receipts from customers (inclusive of goods and services tax) Payments to suppliers and employees (inclusive of goods and services tax) Interest received Interest paid Income taxes paid Net cash inflow from operating activities 11 Cash flows from investing activities Payment for purchase of business Payments for property, plant and equipment Payments for intangible assets Proceeds from sale of property, plant and equipment Net cash outflow from investing activities Cash flows from financing activities Proceeds from borrowings Repayment of borrowings Dividends paid to company's shareholders 7 Repayments of hire purchase and lease liabilities Proceeds from repayment of loans under the senior manager share acquisition plan Net cash outflow from financing activities Net increase in cash and cash equivalents Cash and cash equivalents at the beginning of the financial year Effects of exchange rate changes on cash and cash equivalents Cash and cash equivalents at end of year	2012 $ 2011 $ 238,619,585 168,264,767 (208,294,894) (148,808,765)
	30,324,691 19,456,002 1,174,278 1,224,656 (28,528) (27,513) (13,737,993) (2,298,113)
	17,732,448 18,355,032
	- (400,000) (1,430,323) (1,026,374) (158,656) (152,917) 2,890 89,596
	(1,586,089) (1,489,695)
	240,801 - (1,137,321) (882,872) (12,369,633) (12,369,633) (1,372,002) (1,116,544) 396,039 228,641
	(14,242,116) (14,140,408)
	1,904,243 2,724,929 26,199,742 23,395,487 (335,541) 79,326
	27,768,444 26,199,742

The above preliminary statement of cash flows should be read in conjunction with the accompanying notes.

5

Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012

1 Summary of significant accounting policies

(a) Basis of preparation

This preliminary financial report has been prepared in accordance with Australian Securities Exchange Listing Rules as they relate to the Appendix 4E and in accordance with the recognition and measurement requirements of the Australian Accounting Standards, other authoritative pronouncements of the Australian Accounting Standards Board, Urgent Issues Group Interpretations and the Corporations Act 2001 .

As such, this preliminary financial report does not include all the notes of the type included in an annual financial report and accordingly, should be read in conjunction with the annual report for the year ended 30 June 2011 and with any public announcement made by Lycopodium Limited during the period in accordance with the continuous disclosure requirements of the Corporations Act 2001 .

The principal accounting policies adopted in the preparation of the financial report are consistent with those of the previous financial year.

2 Segment information

(a) Description of segments

Management has determined the operating segments based on the reports reviewed by the Board of Directors that are used to make strategic decisions.

The Board considers the business from both a product and geographic perspective and has identified nine operating segments of which three are reportable in accordance with the requirements of AASB 8.

The Corporate Services segment consists of managerial and legal services provided to the group in addition to strategic investment holdings.

The Minerals segment consists of engineering and related services provided to the extractive mining industry. The clients, including junior exploration companies and major multinational producers, are developing projects for a wide range of commodities. These projects range in scope from large greenfield projects involving process plant and equipment, civil, and building works, control systems, services and infrastructure to small skid-mounted pilot plants.

The Project Services Africa segment consists of project management, construction management and commissioning services provided to the extractive mining industry in Africa.

All other operating segments are not reportable operating segments, as they fall under the quantitative thresholds of AASB 8. The results of these operations are included in the 'Other' column.

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012 (continued)

2 Segment information (continued)

(b) Segment information provided to the Board of Directors

The segment information provided to the Board of Directors for the reportable segments for the year ended 30 June 2012 and 30 June 2011 are as follows:

2012		Corporate Services		Minerals	Project Services Africa	Project Services Africa		Other		Total
Total segment revenue Inter-segment revenue Revenue from external customers Profit / (loss) before tax Depreciation and amortisation Income tax expense Total segment assets Total assets includes: Additions to non-current assets (other than financial assets and deferred tax) Total segment liabilities		$ 15,598,839 (15,217,200) 381,639 (1,374,737) (457,614) 17,660 11,049,357 - 2,303,240		$ 203,828,953 (18,942,790) 184,886,163 25,592,506 (809,977) (7,202,077) 65,214,614 1,818,932 33,004,565		$ 29,852,527 (2,559,759) 27,292,768 4,712,855 (11,480) (1,126,626) 10,110,613 1,223 6,055,186		$ 29,042,949 (9,316,537) 19,726,412 2,605,890 (505,371) (1,105,635) 20,837,718 1,118,400 11,698,960		$ 278,323,268 (46,036,286) 232,286,982 31,536,514 (1,784,442) (9,416,678) 107,212,302 2,938,555 53,061,951

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012 (continued)

2 Segment information (continued)

(b) Segment information provided to the Board of Directors (continued)

2011	Corporate Services	Corporate Services		Minerals		Other
								Total
Total segment revenue Inter-segment revenue Revenue from external customers Profit / (loss) before tax Depreciation and amortisation Income tax expense Total segment assets Total assets includes: Additions to non-current assets (other than financial assets and deferred tax) Total segment liabilities		$ 16,658,193 (16,325,746) 332,447 (933,655) (367,075) 175,238 11,677,751 566,419 1,763,516		$ 148,721,029 (8,333,247) 140,387,782 22,390,717 (541,141) (6,953,135) 51,974,557 1,031,155 26,075,807		$ 36,174,002 (7,051,315) 29,122,687 3,520,559 (378,003) (1,017,239) 17,419,745 956,150 8,973,336		$ 201,553,224 (31,710,308) 169,842,916 24,977,621 (1,286,219) (7,795,136) 81,072,053 2,553,724 36,812,659

(c) Other segment information

(i) Segment revenue

Sales between segments are carried out at arm's length and are eliminated on consolidation. The revenue from external parties reported to the board of directors is measured in a manner consistent with that in the consolidated statement of comprehensive income.

The entity is domiciled in Australia. The result of its revenue from external customers in Australia is $127,697,172 (2011: $102,159,000), and the total of revenue from external customers from other countries is $104,589,810 (2011: $67,684,000). Segment revenues are allocated based on the country in which the customer is located.

Revenues of approximately $137,555,770 (2011: $69,858,000) are derived from the top 3 customers. These revenues are attributable to the Minerals segment.

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012 (continued)

2 Segment information (continued)

(c) Other segment information (continued)

(ii) Segment profit before tax

The Board of Directors assesses the performance of the operating segments based on a measure of adjusted profit before tax.

A reconciliation of segment profit before tax to the profit before tax in the statement of comprehensive income is provided as follows:

Segment profit before tax Amortisation of customer relationships Share of net profit of joint venture accounted for using the equity method Other Profit before income tax as per preliminary statement of comprehensive income	2012 $ 2011 $ 31,536,514 24,977,621 (45,000) (45,000) 280,263 - - (24,732)
	31,771,777 24,907,889

(iii) Segment assets

The amounts provided to the Board of Directors with respect to total assets are measured in a manner consistent with that of the financial statements. These assets are allocated based on the operations of the segment and the physical location of the asset.

Reportable segments' assets are reconciled to total assets in the preliminary balance sheet as follows:

Segment assets Intersegment eliminations Equity accounting for associate Intangibles arising on consolidation Deferred tax arising on consolidation Total assets as per the preliminary balance sheet	2012 $ 2011 $ 107,212,302 81,072,053 (11,750,224) (2,866,979) 280,264 - 5,699,490 5,742,583 (54,000) (67,500)
	101,387,832 83,880,157

(iv) Segment liabilities

The amounts provided to the Board of Directors with respect to total liabilities are measured in a manner consistent with that of the financial statements. These liabilities are allocated based on the operations of the segment.

Reportable segments' liabilities are reconciled to total liabilities as per the preliminary balance sheet as follows:

Segment liabilities Intersegment eliminations Total liabilities as per the preliminary balance sheet	2012 $ 2011 $ 53,061,951 36,812,659 (11,553,706) (2,619,596)
	41,508,245 34,193,063

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012

(continued)

3 Revenue From operations Sales revenue Contract revenue Other revenue Rents and sub-lease rentals Bank interest Other revenue Total revenue from operations 4 Expenses Profit before income tax includes the following specific expenses: Depreciation Plant and equipment Motor vehicles Total depreciation Amortisation Leasehold improvements Leased plant and equipment Computer Software Customer Contracts and Relationships Total amortisation Total depreciation and amortisation Finance costs Interest and finance charges paid/payable for financial liabilities not at fair value through profit or loss Rental expense relating to operating leases Minimum lease payments	2012 $ 2011 $ 230,919,074 168,507,990 84,467 28,283 1,222,046 1,225,791 61,395 80,852
	1,367,908 1,334,926
	232,286,982 169,842,916
	2012 $ 2011 $ 457,006 258,868 25,722 22,854
	482,728 281,722
	499,983 443,074 589,230 383,128 167,501 133,295 45,000 45,000
	1,301,714 1,004,497
	1,784,442 1,286,219
	330,272 252,832
	6,358,534 5,094,450

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012 (continued)

5 Reserves and retained profits

(a) Reserves

(a) Reserves
Available-for-sale investment revaluation reserve Performance rights reserve Foreign currency translation reserve Movements: Available-for-sale investment revaluation reserve Balance 1 July Revaluation - gross Deferred tax Balance 30 June Performance rights reserve Balance 1 July Performance rights plan expense Balance 30 June Foreign currency translation reserve Balance 1 July Currency translation differences arising during the year Balance 30 June (b) Retained profits Balance 1 July Profit for the year Dividends Balance 30 June	2012 $ 2011 $ (77,700) (61,600) 977,272 418,604 (604,666) (267,686)
	294,906 89,318
	2012 $ 2011 $ (61,600) (60,900) (23,000) (1,000) 6,900 300
	(77,700) (61,600)
	418,604 273,411 558,668 145,193
	977,272 418,604
	(267,686) (347,012) (336,980) 79,326
	(604,666) (267,686)
	2012 $ 2011 $ 30,916,243 26,123,639 22,143,034 17,162,237 (12,369,633) (12,369,633)
	40,689,644 30,916,243

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012

(continued)

6 Non-controlling interests

Interest in: Share capital Reserves Retained profits / (accumulated losses)	2012 $ 2011 $ 28 1 2,131 719 162,581 (49,484)
	164,740 (48,764)

7 Dividends

(a) Ordinary shares

(a) Ordinary shares
	Parent	entity
	2012	2011
	$	$
Final dividend for the year ended 30 June 2011 of 20.0 cents (2010 - 22.0 cents)
per fully paid share paid on 14 October 2011 (2010 - 15 October 2010)
Fully franked based on tax paid @ 30% (2010 - 30%)	7,731,021	8,504,123
Interim dividend for the year ended 30 June 2012 of 12.0 cents (2011 - 10.0 cents)
per fully paid share paid on 16 April 2012 (2011 - 15 April 2011)
Fully franked based on tax paid @ 30% (2011 - 30%)	4,638,612	3,865,510
Total dividends provided for or paid	12,369,633	12,369,633

(b) Dividends not recognised at the end of the reporting period

In addition to the above dividends, since year end the directors have recommended the payment of a final dividend of 21.0 cents per fully paid ordinary share (2011 - 20.0 cents), fully franked based on tax paid at 30%. The aggregate amount of the proposed dividend expected to be paid on 15 October 2012 out of retained earnings at 30 June 2012, but not recognised as a liability at year end, is	Parent entity 2012 $ 2011 $ 8,117,572 7,731,021

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012 (continued)

8 Subsidiaries

(a) Significant investments in subsidiaries

The consolidated financial statements incorporate the assets, liabilities and results of the following principal subsidiaries:

subsidiaries:
	Country of
Name of entity	incorporation	Class of shares	Equity holding
			2012 2011
			% %
Lycopodium Minerals Pty Ltd	Australia	Ordinary	100	100
Orway Mineral Consultants (WA) Pty Ltd	Australia	Ordinary	100	100
Lycopodium Process Industries Pty Ltd	Australia	Ordinary	100	100
Lycopodium (Ghana) Pty Ltd	Australia	Ordinary	100	100
Lycopodium (Ghana) Limited	Ghana	Ordinary	100	100
Lycopodium Tanzania Limited	Tanzania	Ordinary	100	100
Lycopodium (Philippines) Pty Ltd	Australia	Ordinary	100	100
Lycopodium Minerals QLD Pty Ltd	Australia	Ordinary	100	100
Lycopodium Infrastructure Pty Ltd	Australia	Ordinary	100	100
Lycopodium Asset Management Pty Ltd	Australia	Ordinary	100	100
SUPL Pty Ltd	Australia	Ordinary	100	100
Lycopodium Share Plan Pty Ltd	Australia	Ordinary	100	100
Lycopodium Mauritius	Australia	Ordinary	100	100
Lycopodium Mauritania SARL	Australia	Ordinary	100	100
Lycopodium Americas Pty Ltd	Australia	Ordinary	85	85
Lycopodium Minerals U.S.A Inc.	U.S.A	Ordinary	100	100
Lycopodium Minerals Canada Ltd	Canada	Ordinary	100	100
Orway Mineral Consultants Americas Pty Ltd	Australia	Ordinary	85	85
Orway Mineral Consultants Canada Ltd	Canada	Ordinary	100	100
	Papua New
Lycopodium PNG Ltd	Guinea	Ordinary	100	100
Lycopodium Rail Pty Ltd (i)	Australia	Ordinary	75	-
Lycopodium Burkina Faso (ii)	Burkina Faso	Ordinary	100	-
Lycopodium Ghana Infrastructure Ltd (iii)	Ghana	Ordinary	100	-

(i) Lycopodium Rail Pty Ltd was incorporated on 10 August 2011.

(ii) Lycopodium Bukina Faso was incorporated on 1 September 2011.

(iii) Lycopodium Ghana Infrastructure Ltd was incorporated on 8 December 2011.

9 Investment in joint venture

(a) Movements in carrying amounts

Share of profits after income tax Share capital Carrying amount at the end of the financial year	2012 $ 2011 $ 280,263 - 1 -
	280,264 -

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012 (continued)

9 Investment in joint venture (continued)

(b) Summarised financial information of associates

The Group's share of the results of its principal joint venture and its aggregated assets (including goodwill) and liabilities are as follows:

Ownership Interest % 2012 Pilbara EPCM Pty Ltd 50	Company's share of: Assets $ Liabilities $ Revenues $ Profit $ 3,667,418 3,387,154 1,994,317 280,263

The above joint venture is incorporated in Australia in the financial year ended 30 June 2012.

10 Events occurring after the reporting period

With the exception of the dividends as noted in note 7(b), no other matter or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect:

• (a) the consolidated entity's operations in future financial years, or

• (b) the results of those operations in future financial years, or

• (c) the consolidated entity's state of affairs in future financial years.

11 Reconciliation of profit after income tax to net cash inflow from operating activities

Profit for the year Depreciation and amortisation Non-cash employee benefits expense - share-based payments Net loss on sale of non-current assets Purchase on business expensed Share of profits of joint venture partnership Net exchange differences Interest relating to financing activities Change in operating assets and liabilities: Increase in trade debtors and other receivables Increase in deferred tax assets (Increase) / decrease in other operating assets Increase in trade creditors (Decrease) / increase in provision for income taxes payable Increase in other provisions Net cash inflow from operating activities

2012 $ 2011 $ 22,355,099 17,112,753 1,784,442 1,286,219 558,668 145,193 1,503 25,503 - 400,000 (280,263) - - 1,022 301,743 225,319 (12,755,004) (12,170,100) (255,521) (2,120,716) (826,727) 658,788 10,077,584 5,086,883 (4,065,794) 7,617,739 836,718 86,429

17,732,448 18,355,032

14

Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Preliminary Selected Notes to the Financial Statements For the year ended 30 June 2012 (continued)

12 Earnings per share

(a) Basic earnings per share From profit attributable to the ordinary equity holders of the company (b) Diluted earnings per share From profit attributable to the ordinary equity holders of the company (c) Reconciliation of earnings used in calculating earnings per share Basic earnings per share Profit attributable to the ordinary equity holders of the company used in calculating basic earnings per share Diluted earnings per share Used in calculating basic earnings per share (d) Weighted average number of shares used as denominator Weighted average number of ordinary shares used as the denominator in calculating basic earnings per share Adjustments for calculation of diluted earnings per share: Performance rights Weighted average number of ordinary and potential ordinary shares used as the denominator in calculating diluted earnings per share	2012 Cents 2011 Cents 57.3 44.4
	2012 Cents 2011 Cents 56.0 44.1
	2012 $ 2011 $ 22,143,034 17,162,237
	22,143,034 17,162,237
	2012 Number 2011 Number 38,655,103 38,655,103 906,370 280,092
	39,561,473 38,935,195

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Lycopodium Limited and Controlled Entities Appendix 4E - Preliminary Final Report Supplementary Appendix 4E information As at 30 June 2012

Additional dividend/distribution information (Appendix 4E item 6)

Details of dividends/distributions declared or paid during or subsequent to the year ended 30 June 2012 are as follows:

follows:
Record date	Payment date	Type	Ammount persecurity	Total dividend	Franked amount per security
3 October 2011	14 October 2011	Final	20.0 cents	$7,731,021	20.0 cents
2 April 2012	16April 2012	Interim	12.0 cents	$4,638,612	12.0 cents
2 October 2012	15 October 2012	Final	21.0 cents	$8,117,572	21.0 cents

Audit Alert ( Appendix 4E items 15 - 17 )

This report is based on accounts which are in the process of being audited.

16