Ann: Preliminary Final Report , page-7

Forecast given in Half year was the same forecast given at the AGM:

"NPAT expectation FY09 profit projected in range AUD$3.8
4.5million*
*NPAT expectations based on Management Accounts to April 2009 and subject to audit adjustments and
economic predictions. Based on exchange rate of RMB4.8 : AUD$1.0"

Source: AGM presentation 22/5/09

Corrent Exchnage Rate : RMB6.07799 : AUD$1.0

Source:
http://www.x-rates.com/d/CNY/AUD/graph120.html

I cannot find what exchange rate they uwed in the Full Year Accounts. However, the Australian dollar profit forecast was always likely to be less as the Australian dollar was always above the RMB4.8 : AUD$1.0 used when giving the earlier forecasts.

PS. I note that earnings for the full year of A$2.7M equate to earnings of A$3.7 for the second half. If earnings in 2010 are 2 x 2009 second half earnings implies earnings in 2010 of A$7.4M or about $0.049 per share on a fully dilluted basis.

Regards

SP