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ORICA LIMITED Earnings Release 2012

Nov 8, 2012

65508_rns_2012-11-08_b308c3e3-5c6a-4027-9edd-647076335c64.pdf

Earnings Release

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Orica Limited ABN 24 004 145 868

ASX Announcement

ORICA REPORTS MINOVA ASSET IMPAIRMENT CHARGE

Orica today announced an asset impairment charge against its Minova business of $367 million before tax ($247 million after tax). This will be included in its full year financial results for the year ended 30 September 2012.

As a result the Company is expecting to announce a statutory net profit after tax and individually material items of approximately $400 million for the 2012 year.

Net profit after tax before individually material items is expected to be approximately $650 million, up on last year’s $642 million and in line with earnings guidance.

The Company’s ASX Appendix 4E and detailed profit report, which will be based on accounts that have been audited, together with the final dividend announcement, will be released to the Australian Securities Exchange on Monday morning, 12 November 2012.

A presentation by the Managing Director and the Finance Director will be webcast - (link: http://www.media server.com/m/p/gq2ipmv5 ) on Monday morning commencing at 10.30am (EDT).

9 November 2012

  • Analysts’ contact: Anita James, Investor Relations Manager (03) 9665 7844 Mobile: 0416 211 498

  • Media contact: Ben Wilson, Acting Communications Manager, (03) 9665 7538 Mobile: 0407 166 783

  • Web site : www.orica.com