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RECORD HALF YEAR CONSOLIDATED NET PROFIT OF A$15.2 MILLION
The Board of OM Holdings Limited and its subsidiaries (ASX Code: OMH) are pleased to
advise of a record consolidated net profit after tax and minority interests of A$15.2
million for the half year ended 30 June 2007, compared with A$0.33 million for the previous
corresponding period. This outstanding half year result represents the strength of OMH’s
trading and ferro alloy business units and the potential for the Bootu Creek Manganese Mine
to solidly contribute in the second half. Accordingly an interim dividend of A$0.02 per
share has been declared.

HIGHLIGHTS
TRADING OPERATIONS
● Record volumes of chrome and manganese ore traded into China for the first half at
significantly higher prices based upon strong market demand resulted in the trading
operations contributing an operating profit after tax of A$20.5 million (including a gain
from the sale of iron ore marketing rights of A$7.4 million).
● The market for manganese ore and alloys continues to strengthen driven by a world
wide shortage of high grade manganese in the market and continued growth in demand
for steel and stainless steel products. This is further supported by the trading operations
having securing committed sales orders for 230,000 tonnes of manganese ore to be
shipped during the September 2007 quarter and half of the December 2007 quarter.

QINZHOU SMELTER
• Record production of 16,086 tonnes of High Carbon Ferro Manganese (“HC FeMn”)
achieved for the half year underpinned by strong market demand and prices resulted in
the ferro alloy operation contributing an operating profit after tax of A$4.6 million.
Ongoing demand for alloys is continuing and the operation is expecting to achieve annual
production of approximately 42,000 tonnes of alloy by year end.

BOOTU CREEK MANGANESE MINE
• Record production of 223,524 tonnes grading 42.3% Mn achieved for the half year.
Production of 300,000 tonnes grading 43% Mn expected for the second half with a
forecast pricing increase of approximately 110% expected during the second half
compared to the actual average pricing achieved in the first half.
• Expanded exploration program has commenced with a revised budget of A$3.6 million.
• Intention to repay project debt by A$7.43 million by 31 August 2007 from surplus group
operating cash flows.
• Opportunities to increase sustainable production output to 700,000 tonnes per
annum in 2008 are being examined.