summary of half yearly

WEBJET TODAY ANNOUNCED:
o Net profit (before tax, amortisation and depreciation) of $1.74m.
o Net positive cash flow of $2.1m.
o Total transaction values of $76.9m.
Commenting Webjet Managing Director, David Clarke, said:
“We are delighted with the result which again validates the delivery of our business plan and note
the following particular and comparative data:
o Net pre tax profit after amortisation and expenditure totalled $1.53m compared with $0.07m in
the six months to December 2004.
o Shareholder equity has increased to $8.5m compared with $6.9m (adj to AIFRS) as at June
2005 and the company, in accordance with AIFRS has now moved to full tax effect accounting.
o Net profit for the period after tax was accordingly $1.00m (rounded).
o The result is after an increase in marketing spend of approximately $600,000 (compared to the
six months to 31 December 2004).
Total transaction values reached $76.9m for the six months to December 2005 compared with $29.6m
for the six months to December 2004 and subsequent to balance date, we are pleased to confirm that all
business indicators relating to TTV, site traffic and market share for January and February to date are
exceptional, with record results recorded for January 2006 and an absolute one week TTV record in
February of $3.93m. Whilst the start of 2006 is very strong, no further forecasts are made at this time.
Subsequent to 31 December 2005, two major events have occurred:
o Webjet has substantially enhanced its relationship with Galileo which has increased its
shareholding from 3,000,000 shares as at 31 December 2005 to 27,299,446 shares at current date
and Webjet has obtained substantially increased opportunities relating to the Travel Service
Aggregator. Further details were advised to the market n 25 January 2006 and we note that the
Galileo convertible note for $200,000 has been converted into equity resulting in the elimination of
all debt.
o The Harvey World Travel Group (S8 Limited) has as advised to the market on 6 February 2006
sold their current shareholding in Webjet with the result that our share register has been broadened
significantly and in a manner which we consider to be in the best interests of the ongoing
develop ment of the company.
David Clarke
Managing Director
Webjet Limited
For further information contact David Clarke on (03) 9828 9723
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