XRF SCIENTIFIC LIMITED — Earnings Release 2012

Aug 26, 2012

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27 August 2012

XRF announces record 2012 result

XRF Scientific Ltd (“XRF” or “The Company”) today announced a record result for the 2012 financial year.

Key Highlights

• Revenue from continuing operations, up 28% to $25.7 million (FY11: $20.1 million);

• Earnings Before Interest and Tax (EBIT), up 25% to $4.8 million (FY11: $3.8 million);

• Net Profit After Tax (NPAT), up 36% to $3.6 million (FY11: $2.6 million);

• Strong increase in Cashflow from operating activities, up 41% to $3.7 million (FY11: $2.6 million);

• Earnings Per Share (EPS), up 12% to 2.8c (FY11: 2.5c);

• Fully franked final dividend, up 50% to 1.5 cents per share (FY11: 1 cent per share);

The robust result was underpinned by a full 12 month contribution from the Sigma Acquisition compared to 11 months in the prior corresponding period, and a general increase in the demand for analytical testing services, driven by the strong resource sector.

Commenting on the full year results, XRF’s CEO, Vance Stazzonelli said, “The Board is pleased to be in a position to deliver this record result to shareholders. Growth has been very strong over the past twelve months for both capital equipment and consumable products, which is reflected in these results.

The Company is in an excellent financial position, having cash reserves of approximately $7.5m (5.8 cents per share), with no debt as at the date of this announcement. This financial strength will allow the Company to leverage off further opportunities arising to service the resource sector through organic growth and acquisitions. XRF continues to increase its international presence and is currently establishing itself in new overseas markets.

Trading of the joint venture company XRock Automation Pty Ltd commenced in July 2012. Customers have been very receptive to the new business, which has been founded on the reputation of quality products provided both by XRF Technology (XRF division) and Rocklabs Ltd (100% owned subsidiary of Scott).”

Dividend

The Company is pleased to announce that the Board has declared a final dividend for the year of 1.5 cents per share. The Record Date for determining entitlements to the dividend is 14 September 2012. The payment of the dividend will occur on 28 September 2012.

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Please direct any inquiries to:

Vance Stazzonelli Chief Executive Officer

vance.stazzonelli@xrfscientific.com +61 8 9244 9600

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.

About XRock Automation:

XRock is a 50/50 owned joint venture company between XRF Scientific Ltd and Scott Technology Ltd that provides automated laboratory systems for the mining sector.

XRock is the Australian marketing, sales and service arm for Rocklabs Ltd (a 100% owned subsidiary of Scott) and combines XRF Technology’s product range with Scott’s to provide a turn‐key full spectrum sample preparation service to the mining, commercial laboratory and university sectors. Rocklabs Ltd is a supplier of crushing equipment to laboratories that is used in the sample preparation process.

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