Market update

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    MARKET UPDATE

    The Company confirms that it has today agreed to proceed to completion of the acquisition of DigiPlus including the exercise of its option to acquire the DigiPlus New Zealand operations. This business will add a further A$10 million in revenue and A$2 million profit per annum to the previously advised $100 million in revenue and $18 million profit of DigiPlus.

    The completion process will now proceed presently with handover to be effected on completion of all outstanding conditions.



    Yours faithfully

    PETER MALONE
    CHIEF EXECUTIVE OFFICER


 
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