Ann: Half Yearly Report and Accounts , page-2

HALF-YEAR REPORT FOR THE SIX MONTHS ENDED 31 DECEMBER 2011

Highlights:
• Gold production of 44,703 ounces for the half-year - up 14% on the previous 6-month period.

• Integra is one of Australia's lowest cost gold producers with a half-year cash cost of $549 per ounce (excluding royalties) in-line with guidance.

• Cash profit from operations of $37.2M for the half-year, up 60% on the previous 6-month period*.

• Ore stockpile of 1.76 Mt at an estimated grade of 1.52 g/t gold for a contained 86,000 ounces as at 31 December.

• Cash on hand $20.5 million, with debt of $16.2 million ($10m repaid during the half).

• First pass RC/ diamond drilling at the new Imperial Prospect in Mt Monger -Newcrest JV returned:
o 19 metres at 4.39 g/t gold;
o 6 metres at 13.43 g/t gold and 1.5% copper; and
o 2 metres at 31.10 g/t gold and 1.3% copper.

Major Achievements:
• Upgrade of processing facility to 1 Mtpa completed at the end of July - ahead of schedule and below budget cost.

• Admitted to the S&P ASX 200 on 2 December 2011.

• 100,000 ounce gold production milestone achieved in early January 2012.

• Board and regulatory approval granted to commence trial underground mining at Cock-eyed Bob.

Outlook:
• Forecast production for the June half-year is 45,000-50,000 ounces.

• Trial underground mining at Cock-eyed Bob to commence.

• Exploration drilling will increase in the second half of FY12, $23M exploration budget for FY12.

* Based on gross profit before depreciation, amortisation and royalties of $44.3M, subtracting royalties of $2.2M, and subtracting other non-cash inventory adjustments included in cost of production of $4.9M.