Market announcements

A2 Corporation Limited (“a2C”) is pleased to report an unaudited Group Profit after Tax of $893,517 for the six (6) months ended 31 December 2010.

The unaudited Group Profit comprised of the following:

• An operational profit after tax of $945,921 compared to a prior year operational loss for the period of $566,476;
• Foreign exchange profits (unrealised) of $153,124;
• Non-cash expense relating to share based incentive schemes for the MD & Executive Directors of $142,934;
• Final costs associated with the full acquisition of A2 Dairy Products Australia Pty Limited (A2DP) of $62,594.