Methven IR Report

Page 3

PERFORmANCE SUmMARY NPAT up 8.3% from $4.2m to $4.5m before one off UK costs (guidance was “in line�) Net Debt up 6.4% from $18.3m to $19.5m (guidance was 15-20% up) EBITDA up 3.4% from $8.5m to $8.8m before one off UK costs Operating Revenue down 7.7% from $68.1m to $62.8m Strong Australian result; static NZ performance; break even UK result Partially imputed interim dividend of 5.5 cps to be paid on 31 December 2010( in line with guidance)

Interim Profit and Debt Levels Better than Guidance

METHVEN LIMITED

For the six months ended 30 September 2010


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