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VERBREC LIMITED Earnings Release 2008

Aug 27, 2008

65992_rns_2008-08-27_769c05f2-8ce7-4fe9-b89b-1f14bd178487.pdf

Earnings Release

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Preliminary Final Report of LogiCamms Limited for the Financial Year Ended 30 June 2008

(ABN 90 127 897 689)

This Preliminary Final Report is provided to the Australian Stock Exchange (ASX) under ASX Listing Rule 4.3A

Current Reporting Period: Financial Year ending 30 June 2008 Previous Corresponding Period: Financial Year ending 30 June 2007

LogiCamms Ltd

Appendix 4E Preliminary final report Period ending 30 June 2008

Results for announcement to the market

esults for announcement to the market
30 June 2008
$’000
30 June 2007
$’000
Change
Revenue from ordinaryactivities 31,295 19,548 +60.09%
Profit from ordinaryactivities after tax attributable to members 2,915 1,654 +76.18%
Netprofit for theperiod attributable to members 2,915 1,654 +76.18%
Earnings per share:
Basic and diluted earningsper share(AUD centsper share) 13.7 n/a

Dividends

Date the 2008 dividend is payable 16 October 2008 Record date to determine entitlements to the dividend 1 October 2008 Date dividend was declared 26 August 2008

Total dividend per security

Ordinary securities
Total dividends paid or payable on all securities
Ordinary securities
Total
Net tangible assets per security
Net tangible assets per security
Currentyear Previousyear
3.5 cents n/a
Current year
$’000
Previous year
$’000
1,269 -
1,269 -
Currentyear Previousyear
17.3 cents n/a

As the company was not listed as at 30 June, 2007 a comparative calculation has not been provided.

Entities over which control has been gained or lost during the period

Name Date control gained Contribution to profit
$’000
LogiCamms (WA) Pty Ltd 4 December 2007 1,226
LogiCamms (QLD) Pty Ltd 29 February 2008 478
Competency Training Pty Ltd 29 February 2008 42

There are no entities over which control has been lost during the period

LogiCamms Ltd

Appendix 4E Preliminary final report Period ending 30 June 2008

Details of investment in joint venture

Details of investment in joint venture
Name of Entity Ownership interest Contribution to net profit
2008
%
2007
%
2008
$’000
2007
$’000
LogiCamms–Electro80 joint venture 50% n/a (45) n/a

Other information

Except for the matters noted above, all the disclosure requirements pursuant to ASX Listing Rule 4.3A are contained within LogiCamms Ltd ’ s consolidated Annual Report for the year ended 30 June 2008 which accompany this Preliminary Final Report.

This report is based on accounts which been audited.

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David Humann
Chairman
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Adam Keats
Managing Director
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Dated at Adelaide, South Australia this 27 day of August 2008.