Registered Office Level 33, 120 Collins Street, Melbourne Vic 3000 Toll free phone no. 1 800 001 748 and Toll free fax no. 1 800 002 741 Email : enquiries@autroncorp.com

13 September 2005 The Manager Company Announcements Office Australian Stock Exchange Limited Dear Sir re : Preliminary Final Report Autron Corporation Limited and its Controlled Entities for year ended 30 June 2005 Enclosed for release to the market is the Preliminary Final Report for the year ended 30 June 2005, which is subject to the completion of the audit process, and incorporating:

• Summary of Activities and Results • Results for Announcement to the Market • Consolidated Statement of Financial Performance • Consolidated Statement of Financial Position • Consolidated Statement of Cash Flows

and Notes thereto.

Yours faithfully Autron Corporation Limited

per Mourice Garbutt Company Secretary autron\asx\preliminary final results 30 06 05 copy to: The Singapore Exchange Securities Trading Limited for the attention of Ms June Sim/Ms Darrell Lam

Website: http://www.autroncorp.com ABN 25 002 876 182 Autron Corporation Limited is an unrelated and distinct entity to Autron Electronics Pty Ltd

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Global Headquarters 53 Serangoon North Avenue 4 Singapore 555852 Tel: (65) 6538 7055 Fax: (65) 6536 9790 Email: enquiries@autroncorp.com Website: http://www.autroncorp.com ABN 25 002 876 182 Autron Corporation Limited is an unrelated and distinct entity to Autron Electronics Pty Ltd

NEWS RELEASE

AUTRON’S FINANCIALS IMPACTED BY REORGANISATION EFFORTS

- Moves will strengthen core business

- Announces special dividend

REPORTS FISCAL 2005 FULL YEAR RESULTS

Singapore, September 13, 2005 – Autron Corporation Limited (“Autron”), Asia’s leading

assembly equipment solutions provider to the electronics manufacturing industry, reports

its results for the financial year ended June 30, 2005 (“FY2005”).

The Company posted earnings after tax of S$4.5m (A$3.5m) for the 12 months ending

June 30, 2005. This compared to a profit after tax of S$19.2m (A$15.0m) in the previous

corresponding period. The drop in profit for the last 12 months can be attributed to the

following non-recurring charges:

A) Loss of lucrative spare parts sales during changeover to Fuji’s agency. The

Company changed to Fuji’s agency in July last year. During the first year of

equipment sales, spare parts sales revenue declined as parts and labour are

covered by equipment warranty in the first year. The Company recorded spare

parts sales revenue of S$35.2m (A$27.5m) in FY 2004, as compared to S$13.9m

(A$10.9m) in FY2005. This amounted to a loss in profit of S$10.0m (A$8.0m);

B) Additional write-down of goodwill of S$5.1m (A$4.0m) (this is on top of A$3.5m the

Company amortised in the 12 month period);

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C) Operational loss of S$5.1m (A$4.0m) recorded in ICE Equipment ;

D) Additional training expenses of S$1.0m (A$800,000) was incurred during the year.

The Company had to send its engineers to Japan for training on the latest Fuji

range of equipment.

The refurbished equipment business continued to grow in the last 12 months. The

business had an 88% increase in turnover, posting revenue of S$83.6m (A$65.3m) in

FY2005, as compared to a revenue of S$44.4m (A$34.7m) in FY2004.

The equipment management solutions business saw its first contract with Motorola

Hangzhou worth US$20m signed in December 2004. This contract is for two years, but it is

expected that the total amount of contract delivered will surpass US$20m in FY2006. The

Company is currently negotiating on several such contracts, and will be announcing them

over the next few months, as appropriate.

The disappointing performance of the Equipment Manufacturing division resulted in a net

operating loss of S$5.0m, including charges of S$2.0m for slow-moving inventory. The

decline in revenue was also due to a reduction in higher margin service and spare parts

sales as the Group switched the principalship to Fuji in May 2005. With the first six

months dedicated to training of the engineers and the initial 12 months of the equipment

sales covered under the warranty, the Company’s FY 2005 performance is partly the result

of the reduced service and spare parts sales contributions. Non-recurring charges

consisting of costs associated with several strategic and important corporate realignment

activities have also affected the Group’s performance for the year.

“While we’re not satisfied with the performance, we believe that the reorganization efforts

which had impacted the second half results are necessary and appropriate to strengthen

the Group’s fundamentals and to position the Group for long term improvement of its

operating results. We remain excited to see the Group returning to sustained profitability

next quarter,” said Autron’s Group Executive Chairman, Mr CL Tan.

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Divestment of Non-Core Business

In line with the Group’s focus on its industrial core business providing equipment solutions,

the Group recently signed an agreement with a group of Singaporean and Malaysian

investors to divest its 100% shareholding stake in Fine Pulse Sdn Bhd for a cash

consideration of RM100million. The sale is part of the Group’s plans to improve

competitive performance of the Group’s core portfolio through the divestment of non-core

assets and the realignment of strategic business units and is expected to generate a net

gain of approximately S$22.0 million for the Group. The proceeds will provide a ready

source of capital that can be re-deployed and applied as working capital to grow and

strengthen its core businesses. Upon the successful completion of this divestment, the

Directors intend to recommend the declaration of a special cash dividend of Australian 0.5

cents per share to its shareholders.

“This sale is significant as it is a key step in our drive to streamline our portfolio of

businesses. Furthermore, the transaction allows us to focus our resources on core

fundamentals and maximize and grow future opportunities that can add the most value to

the Group. Most importantly, we will always strive to continue delivering sustainable

shareholders’ values through the consistent issue of dividends from organic business

growth as well as from unlocking value in corporate investments unrelated to our core

businesses,” said Mr Tan.

In one of its earlier announcement, the Group announced its intention to transfer the

domicile of the Company and its subsidiaries from Australia to Singapore. Upon

completion of this divestment, the Group will resume the delisting process.

Expansion of Core Fundamentals

In a move to strengthen its core fundamentals in the rapidly growing China market, the

Group has plans to acquire Smartech Enterprise Company Limited (“Smartech”) in Hong

Kong which has been a Fuji distributor for the past 10 years. Under the terms of the

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agreement, Autron will acquire the entire Smartech operations in Hong Kong and China in

a stock and cash transaction at approximately S$35.0 million. This acquisition allows

Autron to fully leverage on the distribution networks and customer base, hence creating

the largest distribution network for the Fuji brand of equipment. The Group’s existing

distribution units and Smartech will complement each other to expand and fortify the

Group’s distribution capabilities and create an organization with a strong competitive

position in equipment distribution, service and spare parts sale especially in the fast-

growing China market.

“Autron continually examines opportunities to realign its businesses to improve

shareholders’ value,” said Mr Tan.

“With the support of Fuji, the opportunity for Smartech and Autron to team and unleash the

synergistic power is unprecedented. This acquisition definitely provides an opportunity for

both organizations to pursue strategic initiatives and builds on our strategy to continuously

expand our presence in the rapidly evolving China market,” added Mr Tan.

Corporate Reorganisation

In tandem with the Group’s strategy to tighten its focus, streamline its operations and

increase internal synergies between the various business units, the Group underwent an

internal reorganization. As part of this reorganization, the Group had reduced its full time

head count and expects annual salary savings of approximately S$1.7 million.

The Group has also established its first sales and service centre in India through its

refurbishment arm, AGS. In line with its quest to transform its business and expand into

other markets, this New Delhi operation will offer both brand new and refurbished SMT

equipment to the fast-growing India market. With this success, the Group plans to

establish two more sales and service centres in Mumbai and Bangalore by the end of

1HFY2006. At the same time, the Group’s refurbishment facility in Shenzhen is expected

to be fully operational by the end of 2005. With this initiative to boost its capacity, the

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Group remains positive of greater revenue growth from two of the world’s largest markets

today.

During the year, the Group has established a strategic financial alliance with the CIT

Group Inc. (“CIT”), a leading commercial and consumer finance company, to jointly offer

worldwide financing options to global and major Asian electronics manufacturers for its

equipment management solutions. At the beginning, there was considerable optimism that

this partnership, which caters to the growing need of an integrated solution to meet the

technological and financial demands of the customers today, would gain momentum as

illustrated in the US$20.0 million contract with Hangzhou Eastcom Co Ltd. Unfortunately,

the embracement of these new solutions concept is complex and short-term revenues

could not match that expectation. While the Group continues to make good progress in

helping the customers better understand these solutions, a sound pipeline will drive further

improvements next year.

The Group has also strengthened its manufacturing competency through the acquisition of

ER Mekatron Sdn Bhd, a factory automation system integrator. The Penang-based

manufacturing operations will enhance the Group’s capabilities in providing customised

automation solutions for its customers.

"These changes are designed to maximize Autron’s effectiveness," Mr Tan said. "We

believe that our customers, employees and shareholders will be best served by

streamlining our organization and directing new investment dollars to our core

businesses."

Barring unforeseen circumstances, the Group is confident about its business prospects for

FY2006 as it continues to focus on its core business fundamentals, enhance its overall

financial position, and strengthen shareholders’ value through continual transformation.

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About Autron Corporation Limited

Autron Corporation Limited is a Singapore headquartered company public-listed on the

mainboards of both the Singapore and Australian Stock Exchanges. Incorporated since

January 10, 1985 in Australia, Autron is a leading total solutions provider of assembly

equipment and services to the electronics industry. It provides sales and distribution

services, manufacturing, as well as research and development and servicing.

The Company owns and operates an extensive network in the Asia Pacific region,

supporting a total of more than 30 sales and service centres in Singapore, Malaysia,

Thailand, Philippines, Indonesia, Australia, Taiwan, Hong Kong, China and Japan. The

Company’s business operations is managed by three core business operations units,

namely: Distribution (which is represented by American Tec Group in Hong Kong, Taiwan

Autron Corporation Group in Taiwan and Autron (S.E.A) in Singapore, Malaysia,

Philippines and Thailand); Equipment Solutions (represented by AGS Group) and Design

and Manufacturing (represented by IC Equipment in Singapore, Malaysia and China).

ISSUED ON BEHALF OF : Autron Corporation Limited BY : Citigate Dewe Rogerson, i.MAGE Pte Ltd 1 Raffles Place #26-02 OUB Centre SINGAPORE 048616 CONTACT : Ms Angela Tan / Mr Andrew Cheng at telephone DURING OFFICE HOURS : 6534-5122 (Office) AFTER OFFICE HOURS : 9827-5226 / 9633-7377 (Handphone) EMAIL : angela.tan@citigatedrimage.com andrew.cheng@citigatedrimage.com 135/05/002/ACL

September 13, 2005