ASG Group Limited

FINANCIAL RESULTS

PRESENTATION - FY2006

Geoff Lewis MD and CEO

Dean Langenbach Chief Financial Officer

Agenda

• Corporate Overview

• Major Contracts

• Financial Performance

• Value Strategy

• Outlook

Corporate Overview

ASX code ASZ

Shares on issue 113.9 million

Options on issue 18.6 million

Share price (8 September 06) $0.73

12 month trading range $0.48 – $0.79

Market capitalisation $80 million

FY06 Dividend yield (FF) 4.6%

0

200000

400000

600000

800000

1000000

1200000

1400000

Jul-0

5

Jan-0

5

Jul-0

5

Jan-0

6

Aug-06

0

0.1

0.2

0.3

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0.5

0.6

0.7

0.8

$

Weekly volume

Share price

ASG Group

• National operations

• Strong geographical spread

• Strong Government and private sector client base

• Experienced management team

• Proven business model

Operations

Provision of IT services to federal and state

government departments and major blue chip

companies

1. Selective Outsourcing – Infrastructure & Applications

2. Systems integration

3. Specialist technical services

4. Internet and e-commerce security

Major Contracts

FY2006 – Key Highlights

Revenue 45%

EBITDA 66%

Net Profit 99%

EPS 68%

Dividend 46%

• EBITDA margin increase

• Strong cash generation

• Balance sheet continues to strengthen

• Reaping benefits of infrastructure investment

• Strong new business performance

• Positive outlook for FY07

Financial Performance

Revenue

0

10

20

30

40

50

60

70

FY04 FY05 FY06

$m

NPAT

0.0

1.0

2.0

3.0

4.0

5.0

6.0

FY04 FY05 FY06

$m

Profit growth as economies of scale kick in

Year on Year Comparison

FY05 FY06 % Increase

Revenue $ 40.8m $59.5m 45%

EBITDA $ 4.3m $7.2m 66%

Profit after tax $ 2.6m $5.2m 99%

Operating Cash $ 2.7m $4.6m 70%

EPS 2.8 cents 4.7 cents 68%

Dividend FF 2.2 cents 3.2 cents 45%

Cash Flow Overview

Cash balance @ 1 July 2005 $3.5m

Net operating cash $4.6mShare Issue proceeds $1.2mInvestments ($2.7m)Debt Reduction ($1.0m)Dividend paid ($2.5m)

Cash balance @ 30 June 2006 $3.1m

Balance Sheet Strength

FY05 FY06

Cash $3.5m $3.1m

Net current assets $4.6m $5.9m

Gross debt $3.7m $2.6m

Net interest $170k $189k

EBITDA to interest cover 27x 38x

Gross debt to equity 14% 7%

Revenue Growth

ASG Historical Annual Revenue

0

10

20

30

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50

60

70

FY03 FY04 FY05 FY06

$m

• Cumulative revenue model: - Predictable cash flows - Operating rather than

capital budget - Approx 70% of revenue

rolls forward - Accumulating multi-year

contract book• Established high quality

customer base• Strong federal and state

government emphasis

Cumulative Revenue Model

Major slice of FY07 revenue locked in at start of year/under long-term contracts

FY07

FY06

FY05

FY04Existing Contracts

New Contracts

Projects

$24.4m

$40.8m

$59.3m

Revenue $m

Blue Chip Customer base

Strong diversity by sector and geography

Federal Government

31%

State Government

29%

Corporate

Clients

40%

National Footprint

Revenue $m

Staff Numbers

WA $26.3 225

VIC $12.7 65

ACT $15.4 111

NSW $5.1 51

Growth Strategy

• Leverage national presence and growing track record to win more major contracts

• Pursue acquisitions that meet criteria: - Access to profitable client-base - Consistent with ASG strategy - EPS accretive

Market Advantage

• Market momentum and critical mass

• Established reference sites in government and corporate sectors

• Strong, proven delivery capability

• Australian, vendor independent

• Resistant to economic cycles

Value Strategy

• Ability to significantly leverage existing contract base to increase profitability

• Opportunity to close major new contracts in the immediate future

• Advanced discussions on substantial acquisition opportunities

• Cumulative revenue model

ASG Group Limited

FINANCIAL RESULTS

PRESENTATION - FY2006

Geoff Lewis MD and CEO

Dean Langenbach Chief Financial Officer