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MPR AUSTRALIA LIMITED Earnings Release 2015

Feb 3, 2015

65367_rns_2015-02-03_f6b2b122-ee13-4588-b6f0-10c3953ad54b.pdf

Earnings Release

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MARKET UPDATE

Sydney – 4 February 2015Tag Pacific Limited (ASX: TAG) today released an update in advance of its half year result announcement later this month.

The results for the six month period ending on 31 December 2014 are currently subject to audit review and have not yet been finalised. Revenue for the six months is expected to be approximately $26 million. A consolidated loss before tax is expected in the range of $2.4 million to $2.9 million. Usual balance date processes, including a review of intangibles and taxation, have not yet been completed and may impact the result.

For comparative purposes, the consolidated loss before tax (pre-impairment) in the six month periods to 31 December 2013 and 30 June 2014 was $1.2 million and $2.5 million respectively.

Full details will be released with the half year results at the end of February.

ABOUT

Tag Pacific Limited is a Sydney-based investment house listed on the Australian Securities Exchange with a focus on niche areas of the power industry. Tag has invested in a diverse range of companies and activities that have been brought together primarily to operate under the banner of MPower. The company’s mission is to invest in the power industry in a manner that creates and enhances value and achieves above average returns.

ENDS

For further information please contact:

Peter Wise Nathan Wise Chairman Chief Executive Officer Tag Pacific Limited Tag Pacific Limited T: +61 2 8275 6000 T: +61 2 8275 6000

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