announcement

Looking forward to some further positive news re the New Year sales period:

"Continued Improvement in Financial Results

EBITDA profit of $0.053M

Strong Revenue Growth Continues

Destra Maintains Lead In Online Music

Over $1.1 M Cash At Bank

Operationally Cash Flow Positive in 2Q
Destra Corporation Limited (ASX: DES) announced today its 4C Statement for the 2Q
ending 31 December 2003 showing cash at bank position of $1.194M; a 65% increase in
revenue; leadership in online music and an EBITDA profit of $0.053M
Destra is Australia’s Second Largest Virtual Hosting Service Provider
(OzHosting.com). Their stake in online music includes operating as the sole provider of
new music to radio stations via the Internet (MusicPoint.com.au) as well as being
Australia’s Largest Digital Music Provider (DestraMusic.com) giving it a strong
position to capitalise on the emerging online music market.
The financial reports for the period ended December 31 2003 show revenues of $3.941M,
an increase of 65% from 1H 2002: $2.392M. Earnings Before Interest, Tax and
Depreciation of $0.053M, an improvement of $0.876M from 1H 2002 and a total loss of
($0.231M) compared with a loss of ($1.332M) in 1H 2002.
Aegis Equities have released a research report that provides the marketplace with an
evaluation of Destra’s opportunity in digital music.
To access the full report, go to http://www.destra.com/research located on the Destra
website."