ASX Announcement
17 July 2014

ASX: DSB Board of Directors Gordon Galt - Chairman Stephen Bizzaca - Managing

Director - CEO

Glyn Dawkins - Non Executive

Director

Geoff Garside -Executive Director

Company Secretary

Geoff Garside

Principal Contact

Stephen Bizzaca - Managing

Director - CEO Phone: 02 4629 0300

Ceoff Garside - Company

Secretary

Phone: 02 4629 0300

Registered office Delta SBD Limited (ACN 127 894 893) Suite 220, Centric

4 Hyde Parade

Campbelltown NSW 2560

Telephone: 02 4629 0300

Facsimile: 02 4629 0399

Website: www.deltasbd.com.au

To : Australian Securities Exchange

Company Announcement

Restructure

Delta SBD Ltd announces that it is undertaking further organisational restructuring to improve the ongoing profitability of the group in response to continuing tight industry trading conditions. This will result in the amalgamation of some business units and personnel duties and will unfortunately result in a number of positions being made redundant.
As a result, Director and Audit and Compliance Committee Chairman, Geoff Garside, has been appointed as interim Finance Director and Company Secretary.
Mr Gordon Galt, Delta SBD's Director and Chairman of the Board, commented: "The restructuring, which significantly reduces overheads, is essential in the current highly competitive market. We expect a reduction of costs by at least $1m for FY15."
Yours Faithfully
Geoff Garside
Company Secretary

distributed by