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sydney project terminated

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    k:\compliance\cmp-0014 (continuous disclosure)\cmp-0014-01 (announcements)\sydney termination asx release 230108.doc Page 1
    Date 23 January 2008
    Contact James Carroll or Steve Gallagher
    03 9286 0833 or 08 9273 1404
    Sydney Project Termination
    ERG has received a notice terminating the Sydney Integrated Ticketing System Project agreement from
    its customer, the Public Transport Ticketing Corporation, with immediate effect.
    ERG is considering its position in relation to the notice, and will keep the market fully
    informed of its effect on the Company.
    –END–
    BACKGROUND INFORMATION
    ERG Group
    The ERG Group is a world leader in the development and supply of integrated fare
    management and software systems for the transit industry. The Group has installed
    systems operating in major cities throughout the world including Gothenburg, Hong Kong,
    Melbourne, Rome, San Francisco and Singapore that support more than 22 million smart
    cards in circulation and process approximately 5 billion transactions per annum. Additional
    installations are in progress in London, Seattle, Stockholm and Washington DC. ERG is an
    Australian-based company, listed on the Australian Securities Exchange and employs
    approximately 1000 people in 10 countries, including over 600 people in Australia. ERG
    generates significant export revenue and international acclaim for Australian technology.
    Large transit agencies and the travelling public in major cities throughout the world depend
    on ERG for the maintenance and support of their current systems and completion of their
    new integrated ticketing systems
    Additional information is available at www.erggroup.com
 
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