VERBREC LIMITED — M&A Activity 2011

Aug 22, 2011

Market Announcement 23 August 2011

LogiCamms acquires Power Supply Services & Training

LogiCamms Limited (ASX:LCM) is pleased to announce that it has signed an agreement to acquire Perth based Power Supply Services & Training ( PSST ), expanding its Western Australian operations.

Operating since 1997 PSST’s revenue in financial year 2011 was in the order of $2.3m. PSST has built a strong profile, primarily within Western Australia’s mining and minerals sector, delivering high quality electrical training, procedure development, auditing and inspection services for a diverse customer base including blue chip owners and operators.

The capabilities within PSST and Competency Training Pty Ltd, (the wholly owned Registered Training Organisation of LogiCamms Limited) are highly complementary and will give rise to a unique national training offering with increased capability and capacity for LogiCamms.

LogiCamms’ Director of Strategy, Mergers and Acquisitions, Mr Karsten Guster, said that while the acquisition was not financially material it represents an important strategic milestone in building LogiCamms’ training capability. The investment is supported by a strong demand nationally for niche training services, particularly within the mining and energy sectors.

Also commenting, PSST’s Managing Director, Mr Paul Egan said, “Joining LogiCamms presents an exciting opportunity to extend our offering with major operators in Western Australia. We look forward to being part of LogiCamms’ national electrical, instrumentation and hazardous area training capability and accessing new customers across the country”.

“LogiCamms, through Competency Training, is the only training provider in its field supported by a national engineering, project delivery and asset management platform. Our enhanced capacity to provide training solutions will give us a unique position to assist our customers in addressing the shortage of skilled resources. We are delighted to welcome the PSST team on board,” Mr Guster said.

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About LogiCamms

LogiCamms is an ASX listed company operating in the mining and minerals, hydrocarbons, infrastructure and specialist industries. The company provides multidiscipline engineering, project delivery and asset management solutions to enhance the long-term value of new and existing operational 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.

About Competency Training

Competency Training is LogiCamms’ wholly owned Registered Training Organisation (RTO Number 31299), operating across Australia. The company delivers electrical, hazardous area and instrumentation courses to a wide range of public and private customers in the mining and minerals, hydrocarbons, infrastructure and specialist industries. The Competency Training team also works closely within Logicamms’ Asset Management division to deliver sustainable solutions in Operational Readiness and Operational Excellence.

Further Information

Mr Karsten Guster Director of Strategy and M&A, LogiCamms +61 8 6331 8888

Mr Matthew Adamo Chief Financial Officer, LogiCamms +61 8 6331 8888

Company Details Company Secretary Share Registry LogiCamms Limited ASX: LCM Mr Paul Bowker Computershare Investor Services ACN 127 897 689 P +61 8 6331 8888 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 Mr Matt Adamo Mr Peter Wall AM Chief Financial Officer Registered Office Mr Damian Young P +61 8 6331 8888 35 Outram Street Mr Giles Everist West Perth WA 6005 Mr Garry McGrechan P +61 8 6331 8888 F +61 8 9481 5045 Executive Directors E info@logicamms.com.au Mr Peter Watson (Executive Chairman) W www. logicamms .com.au