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SAFEROADS HOLDINGS LIMITED Capital/Financing Update 2009

Nov 10, 2009

65853_rns_2009-11-10_25af43a6-bb2d-477f-9448-34759e37f9e1.pdf

Capital/Financing Update

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11 November 2009

Trading Update

Based on unaudited management accounts to 31st October 2009 and orders in hand, the Directors of Saferoads Holding Limited (ASX:SRH) expect the Company to report net profit after tax of $1.7 - $2.1 million in the six months to 31st December 2009 compared with $1.08 million in the previous corresponding period. Both results are free of material non-recurring items.

The half-on-half improvement is due in part to a stronger AUD/USD exchange rate, softer steel prices and cost synergies associated with the operational review undertaken in the March quarter of the 2008/9 year. Sales are forecast to be similar to the $32 million in the previous corresponding period.

Additionally, the solid operating result together with a focus on cash flow has enabled the Company to reduce net debt by $3 million to $8.3 million in the four months since 30th June 2009.

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Darren Hotchkin Managing Director Phone 03 5625 6600

SAFEROADS HOLDINGS LIMITED

ABN 81 116 668 538

PO Box 340, Drouin, Vic , Australia 3818 Phone: 1800 060 672 Fax: 1800 060 673 Web: www.saferoads.com.au