MARKET ANNOUNCEMENT MEDIA RELEASE 2008 PRELIMINARY FINAL REPORT...

MARKET ANNOUNCEMENT

MEDIA RELEASE
2008 PRELIMINARY FINAL REPORT & APPENDIX 4E

UXC Limited today announced another record net profit for the year ending 30 June 2008.
The Company continues to build on the enviable track record of growth achieved so far this decade, and has made further progress in its mission to be the premier independent solutions group servicing medium to large entities in the private and public sectors across Australia and New Zealand. Highlights for the period include:

Revenue up 34% to $612m
EBITDA* up 18% to $ 50m
NPAT* up 8% to $26.5m
Operating Cash Flow up 44% to $32.6m
Full year dividend up 8% to 9.75 cents per share, fully franked

The record results were achieved despite a lack of growth from carbon credit activities and the recording of a revaluation write-down adjustment of $1.8m on a listed investment (highlights with an asterisk * above are before the revaluation adjustment).

The final dividend has been declared at 5.50 cents per share fully franked, to be paid on 21 November 2008 to shareholders of record on 7 November 2008. This brings the full year dividend to 9.75 cents per share fully franked, an increase of 8% over the previous year. In
response to shareholder interest, a dividend reinvestment plan has been introduced.
Shareholders will be able to elect to participate in the plan with respect to the final dividend. Details will be available on the UXC website and shareholders will be mailed plan details and application forms shortly.

UXC starts FY09 with a strong annuity position, strong order books and a positive outlook.
Revenues of some $700m are targeted for FY09. From an earnings perspective, UXC expects the year to be abnormally skewed to the second half by as much as a one-third to two-thirds split. This is the result of three factors: firstly, the continuing restructure and
integration of recent acquisitions; secondly, the expected timing of returns on recent and continuing investments made to sustain growth and strengthen the business over the medium term; and thirdly, the timeframe in which state government tenders in the environmental
space are expected to be awarded.

Further information and detail is available in the Letter from the Executive Chairman and Review of Operations that accompanies the Appendix 4E