tox up again today, page-4

13/09/2005 5:32PM 10 Preliminary Final Report 13 September 2005 AUSTRALIAN STOCK EXCHANGE LIMITED Dear Sir / Madam RE: PROFORMA FINAL REPORT – SIGNIFICANT FINANCIAL TURN-AROUND The management of Tox Free is pleased to present the preliminary final report for the year ended 30 June 2005. Following a change in management,a change in operational structure and a substantial capital injection in the latter stages of calendar 2004, Tox Free has recorded a significant turn around in financial performance. The profit for the six months from 1 January 2005 to 30 June 2005 was $1,480,000 with EBITDA of $1,958,000. This compared with a loss for the six months ended 31 December 2004 of $1,706,000 (after a one off write down in asset values of $1,287,000) with EBITDA of $325,000. The profit for the six months ended 30 June 2005 of $1.48 million (being the first 6 months following company restructuring) exceeded budget projections by over 100%. As recently reported to the market the base case EBITDA projection for the 2005 / 2006 financial year is $3,000,000 based on forecast sales of $8,000,000 (sales 2004 / 2005 were $6,700,000). Yours faithfully TOX FREE SOLUTIONS LIMITED