MAXIPARTS LIMITED — Earnings Release 2008

May 25, 2008

==> picture [145 x 60] intentionally omitted <==

ASX ANNOUNCEMENT

MaxiTRANS Industries Limited (‘MXI’) is Australia’s largest supplier of road transport trailing equipment and solutions.

The directors of MXI announced a record result for the half year ended 31 December 2007. The announcement also advised that the second half of FY08 had commenced well with a strong order book in place, and that various strategies and initiatives were in place to increase manufacturing capacity and operational efficiency at key manufacturing operations.

The directors of MXI now advise this strong start to the second half of FY08 has continued and based on internal management accounts, earnings for 2H08 are expected to exceed earnings for 2H07 by at least 50%.

The Company also advises that the forward order book for most business units continues to be firm.

For more information please contact the Managing Director, Michael Brockhoff, on (03) 8368.1100. Alternatively, you may wish to visit our website at www.maxitrans.com.au.

Ian Davis Chairman 26 May 2008

Michael Brockhoff Managing Director