ASX Announcement
15 August 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

Geoff 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

Debt Reduction Update

Delta SBD Ltd has previously advised shareholders and the market of its intention to further reduce debt and improve cash flow by selling a number of pieces of equipment from the current longwall mobile fleet and mining equipment assets.
Delta SBD is please to advise that asset sales have successfully realised sufficient funds to reduce equipment debt to a minimal amount (not greater than $1m). Details of the sales will be more extensively advised in the annual report.
Mr Gordon Galt, Delta SBD's Chairman, commented: "The asset sale program has significantly reduced debt and costs and improved cash flow by approximately $500,000 per month. The Company is now in a position where the positive cash flow generated from operations will not be reduced by debt repayments and interest. We can now rebuild the company's forward work book with a view to once more being a regular dividend payer as soon as possible. ."
Yours Faithfully
Geoff Garside
Company Secretary

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