Lycopodium Limited

ABN 83 098 556 159

Level 5, 1 Adelaide Terrace

East Perth, Western Australia 6004

Australia

PO Box 6832

East Perth, Western Australia 6892

Australia

T: +61 (0) 8 6210 5222

www.lycopodium.com.au

ASX RELEASE

1 May 2019

GUIDANCE

The Board of Lycopodium considers it appropriate at this time to provide guidance on the Company's forecast full year financial result. We have previously communicated that project delays are a feature of the markets in which we operate. These delays have and will impact the full year financial result which is now forecast to be a net profit after tax of $16.3M on revenues of $169M.

Lycopodium retains a healthy pipeline of committed and highly prospective projects and looks forward to a high level of activity across FY20. We will continue to focus on the successful execution of committed work and to identify new opportunities to further strengthen the project pipeline moving forward.

As always we will endeavour to keep you appraised on material matters related to the Company's activities or markets in which we operate as information becomes available.

For further information:

PETER DE LEO

MANAGING DIRECTOR

Telephone: +61 8 6210 5222

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Lycopodium Limited published this content on 01 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 May 2019 04:52:04 UTC