SERVICE STREAM LIMITED — Board/Management Information 2007

Mar 4, 2007

Service Stream Limited Level 12, Lonsdale Street Melbourne, Victoria, 3001 PO Box 14570 Melbourne, Victoria 8001 www.servicestream.com.au

Tel: 61 3 9677 8888 Fax: 61 3 9677 8800 ABN: 46-072-369-870

ASX & Media Release

5 March 2007

Strategic Executive Appointments

Leading industrial and technical services company Service Stream Limited (ASX Code: SSM) today announced the appointment of three key executives to assist with its growth strategy.

The appointment of Randy McDonald as General Manager - Sales Solutions, Vince Jager as General Manager - Strategic Vendor Relations, and Chad Orr as General Manager - Strategy, further enhances Service Stream's capability and commitment to growth through organic and acquisition activities.

Group Managing Director and CEO, Patrick Flannigan commented on the appointments, saying:

"The diverse background of these individuals in Utilities, Banking and Finance, IT Services and Communications will allow Service Stream to further leverage our current strengths into other industry verticals.

The appointments are an important investment in Service Stream's growth for today and into the future.

These senior strategic appointments bring together many years of experience with companies including KAZ, Telstra, UCMS and ABB covering a broad cross section of relevant industry sectors."

For further details contact:

Patrick Flannigan, Managing Director & Chief Executive Officer Service Stream Limited Tel: (61 3) 9677 8888

Michael Doery, Executive Director & Chief Financial Officer Service Stream Limited Tel: (61 3) 9677 8888

About Service Stream Limited:

Service Stream is a public company listed on the Australian Stock Exchange (Code: SSM) with annual revenues approaching A\$300 million. The company is an Australian owned and operated industrial services enterprise with proven outsourced field force management, technical support, customer contact, customer assistance and asset management capabilities. Service Stream aims to generate superior returns for shareholders by leveraging its equipment installation and maintenance capabilities across a range of infrastructure based industries. For more information please visit the Company's website at www.servicestream.com.au.