SAFEROADS HOLDINGS LIMITED — Capital/Financing Update 2012

Apr 25, 2012

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26 April 2012

Performance update

Based on unaudited management accounts to 31 March 2012 and projected forecasts for the remainder of the financial year, the Directors of Saferoads Holdings Limited (ASX:SRH) expect the Company to report a decrease of approximately 25% in full FY12 revenue compared to the corresponding period last year and a NPAT loss of approximately $6.9 million compared with $0.8 million NPAT profit in full year ended 30 June 2011. The projected full year loss of $6.9 million includes write downs of $5.7m taken into account in the first half year’s result.

As referred to in the half-yearly report, the business has undertaken a detailed review of its operations to better align itself to its market and customer needs. The Directors believe that the full benefits of this review will impact on the Company’s performance in the next financial year.

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Gary Bertuch Chairman of Directors 0419 367 785

SAFEROADS HOLDINGS LIMITED ABN 81 116 668 538