VERBREC LIMITED — Earnings Release 2011

Feb 20, 2011

Market Announcement 21 February 2011

LogiCamms Limited Posts Strong Results & Lifts Dividend

• Record Revenue of $55m, up 92% from $28.7m in H1 2010.

• Interim Dividend of 3.25 cents up 18% from 2.75 cents in H1 2010.

• • Record NPAT of $4.2m, up 68% from $2.5m in H1 2010.

Australian engineering and project delivery company, LogiCamms Limited has announced a record first half after tax profit of $4.2m, up 68% from 2.5m in the pcp.

The company’s results also posted EBITDA of $4.5m, up 32% from $3.4m in the pcp.

LogiCamms Managing Director Adam Keats said the company was pleased with the half year results which were driven by strong organic growth.

“Our robust half year performance demonstrates our teams’ capacity to delivery organic growth during a period of internal investment and development” he said.

The company’s Board announced a final dividend of 3.25 cents per share, up 18% from the pcp. The record date is 9 March, with a payment date of 31 March 2011.

“We are confident of continuing to grow during FY11 based on improving market conditions and the strategic development initiatives we are undertaking,” Mr Keats said.

The company recently announced a significant contract win with BHP at Roxby Downs, confirming its strategy of diversification into multi-discipline services was gaining momentum.

*pcp = previous corresponding period.

• Ends -

About LogiCamms

LogiCamms operates in the mining and minerals, hydrocarbons, infrastructure and specialist industries providing project and specialised engineering services that improve the value and productivity of assets.

The company is headquartered in Perth, Western Australia with seven additional offices across Australia including Brisbane, Melbourne, Adelaide, Darwin, Gladstone, Mackay and Whyalla.

LogiCamms’ Vision is to be a Market Leader delivering Outstanding Customer Solutions.

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Company Details Company Secretary Share Registry LogiCamms Limited ASX: LCM Mr Ian Hobson Computershare Investor Services ACN 127 897 689 P +61 8 9388 8290 P 1300 557 010 (within Australia) P +61 3 9415 4000 (outside Australia) Non Executive Board Directors Investor Relations Contact W www.investorcentre.com Mr David Humann (Chairman) Mr Adam Keats Dr Chris Greig Managing Director Registered Office Mr Peter Wall AM P +61 8 6331 8888 35 Outram Street Mr Damian Young West Perth WA 6005 P +61 8 6331 8888 Executive Directors F +61 8 9481 5045 Mr Adam Keats (Managing Director) E info@logicamms.com.au Mr Garry McGrechan W www. logicamms .com.au

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For Further Information

Adam Keats Managing Director LogiCamms Limited +61 8 6331 8888

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Company Details LogiCamms Limited ASX: LCM ACN 127 897 689

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Non Executive Board Directors Mr David Humann (Chairman) Dr Chris Greig Mr Peter Wall AM Mr Damian Young

Executive Directors Mr Adam Keats (Managing Director) Mr Garry McGrechan

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Company Secretary Mr Ian Hobson P +61 8 9388 8290

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Investor Relations Contact Mr Adam Keats Managing Director P +61 8 6331 8888

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Share Registry

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Computershare Investor Services P 1300 557 010 (within Australia) P +61 3 9415 4000 (outside Australia) W www.investorcentre.com

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Registered Office 35 Outram Street West Perth WA 6005 P +61 8 6331 8888 F +61 8 9481 5045 E info@logicamms.com.au W www. logicamms .com.au

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