26 June 2008SP Telemedia Limited - ASX Code: SOTThe TPG SOUL...

26 June 2008
SP Telemedia Limited - ASX Code: SOT
The TPG SOUL group is close to completing 3 months of joint trading since the merger was
completed in April 2008.
The group has an excellent technology platform with countrywide infrastructure delivering
Video, Voice and Data over IP as well as standard WAN data services throughout Australia, and
a large established base of network, internet and voice customers across government,
corporate and consumer.
We have made good progress in consolidating infrastructure and a number of key products and
services. Most importantly, our more than 1300 staff have reacted enthusiastically to the
merger and the integration of our Call Centres is almost complete.
The new group’s profitability and cash flows have shown strong results. The group currently
holds cash of $27 million and following the recent announcement of $7m EBITDA from the
April management accounts of the combined companies, the May management accounts
provided an EBITDA of $8 million – unaudited and before any abnormal one-offs or
adjustments.
David Teoh
Executive Chairman
SP Telemedia Limited