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XRF SCIENTIFIC LIMITED Board/Management Information 2012

Aug 5, 2012

66104_rns_2012-08-05_7cefc6e5-d05c-4f90-8a2f-5937ad017eab.pdf

Board/Management Information

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6 August 2012

Appointment of Chief Executive Officer

XRF Scientific Ltd (“XRF” or “The Company”) is pleased to advise the appointment of Mr Vance Stazzonelli as Chief Executive Officer, effective immediately.

Mr Stazzonelli is currently CFO and Chief Operating Officer of XRF and has been Acting CEO since March 2012.

Chairman of XRF, Mr Ken Baxter, said: “Vance commenced with the Company in October 2009 and during that time has developed an excellent understanding of the intricate, technology business that XRF operates.

During his tenure as CFO the business developed a robust financial position, which has allowed the Company to leverage off the opportunities from the mining boom as well as a general increase in the demand for testing services. He was also a key member of the Executive Management Team that consummated the Sigma acquisition in July 2010.

During his role as Acting CEO he has demonstrated the capacity to not only manage XRF’s existing business, but to strategically assist the Board to significantly increase the market capitalisation of the Company.”

Vance Stazzonelli commented: “I am excited to be given the opportunity to be XRF’s CEO. During my time at XRF I have developed a great passion for our industry and the business. We have a strong team of competent, committed people. They are highly motivated and have contributed to making the Company the success it is today. I look forward to continuing to work with them and the Board in my new role as CEO, in providing excellent products and service to our customers.”

Please direct any inquiries to:

Ken Baxter Vance Stazzonelli Chairman Chief Executive Officer Tel: +61 2 9251 3025 Tel: +61 8 9244 9600 [email protected] [email protected]

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About XRF Scientific:

XRF Scientific Limited is an Australian listed company (ASX: XRF) based in Perth, Western Australia. XRF manufactures equipment and chemicals, which are distributed to laboratories in Australia and overseas and used in the preparation of samples for analysis.

XRF has manufacturing, sales and support facilities located in Perth and Melbourne plus a global network of distributors. The Company has representation in the United States, South America, Canada, Europe, Africa, the Middle East and Asia and has a customer base that includes multinational blue‐chip customers such as:‐ BHP Billiton, Rio Tinto, Iluka, Xstrata, Nickel West, Robe River Iron Associates, Alcoa, CSIRO, Intertek, PT Inco, Pilbara Iron, Amdel/Ultratrace, SGS and Campbell Brothers.

XRF’s technology is used to measure the composition and purity of materials and is mainly applied in industrial quality control and in process control for manufacturing processes in industries such as metals and mining, construction materials, chemicals and petrochemicals.

XRF products help customers to improve product quality and performance, increase productivity and yield and reduce downtime and waste. Its businesses have established positions in their specialised markets.

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