HELLABY HOLDINGS LIMITED – NZX ANNOUNCEMENT
28 August 2008

Hellaby performance turnaround on track

Investment company Hellaby Holdings Limited today reported an improved profit result for the financial year ended 30 June 2008, and confirmed that its performance turnaround and strategic repositioning is on track.

The Hellaby group achieved an after tax profit (NPAT) of $4.7 million after one-off transactions, compared with an after tax deficit of ($9.8) million in the previous year.

ENDS