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summary "sds corporation" SDS CORPORATION LIMITED [SDS]

Last Updated 23/02/2005

CORPORATE DETAILS
GICS Sector 20: Industrials
GICS Industry Group 2010: Capital Goods
Head Office 47-51 Vulcan Rd, Canning Vale, WA, 6155
Telephone (08) 9455 4433
Facsimile (08) 9455 4399
Website www.sdscorp.com.au

First Listed 21/05/1998
Balance Date 30 June
AGM 30/11/2004

Dividend Reinvestment? None

PRINCIPAL ACTIVITY
SDS Corporation Ltd (SDS) is a manufacturing and distribution company with major
activity in the minerals industry. The company has operations in Australia,
Canada, Africa and Indonesia. SDS designs and manufactures percussion drilling
equipment. In addition the company supplies a wide range of consumables,
technology, services and solutions to the international mining industry through
its distribution network.

OPERATIONS: Manufactures in Perth, diamond and percussion drilling bits, diamond
saw blades and percussion hammers for use in the mining and civil construction
industries. Manufacture of ventilation fans for both underground and surface use
in the mining and civil construction industries. Distribution to Australasia,
Africa, Canada and North America, and throughout the world mining industry.

PRODUCTS: Products and services provided, within Australia include: Korfmann
ventilation fans, Wirth equipment, Valcom Satstat fuel stations, SIG rock
tools, Ausvent Vent Ducting, Mitsubishi threaded bits and Banlaw dry break fuel
systems. SDS Diamond and Boart diamond drilling bits and saw blades are provided
in Australia and overseas. The company's Fluid Hammer, a key component of the
IODP Hard Rock Re-entry system, which is currently under commercial development,
has been chosen for a deep sea scientific research project with the Integrated
Ocean Drilling Program.

RECENT ACQUISITIONS: In March 2004, SDS said it is to acquire K.H. Fox Pty Ltd,
a specialised manufacturer of drilling components including geo-technical and
wireline core barrels, casing, drill pipes and other accessories.

Also in March, SDS signed a HOA to acquire the Canadian manufacturer of drilling
products, Manley Steels.

In May 2004, SDS announced that it is to acquire the business of Saxum Rock
Tools, Canada, and merge its operations with the soon-to-be-acquired Manley
Steels business.



DIRECTORS
Mr Kevin Benson
Mr Robert Crew
Mr Christian Lange
Mr Frederick Moir
Mr Vincent M Rizzo


PRINCIPALS
Chairman Mr Frederick Moir
MD/CEO Mr Christian Lange
Company Secretary Mr Kevin Benson


ADVISERS
Auditors Grant Thornton

Solicitors Thomson Playford

Bankers CBA