SMS Management & Technology : Preliminary Final Report and Full Year Statutory Accounts

22 August 2017

SMS Management & Technology

Level 41 140 William Street Melbourne VIC 3000

Australia T 1300 842 767

www.smsmt.com

Adelaide Brisbane Canberra Melbourne Sydney Perth Hong Kong Singapore

In accordance with ASX Listing Rules, the documents which follow are for immediate release to the market:

1. Preliminary final report for the year ended 30 June 2017 (Appendix 4E)

2. Consolidated Financial Report for the year ended 30 June 2017.

Rick Rostolis, Chief Executive Officer Peter Sherar, Chief Financial Officer

rick.rostolis@smsmt.com peter.sherar@smsmt.com

+61 3 9674 3327 +61 3 9674 3327

SMS is an ASX-listed Australian business specialising in business and IT advisory, technology solutions, managed services and recruitment. SMS cultivates innovation, digital, mobile and design-led business and technology capability to empower organisations across all industry sectors. With over 1,400 staff across Australia, Hong Kong, Singapore and the Philippines, SMS promotes and delivers next-generation customer-centric outcomes for our clients.

For more information please visit www.smsmt.com

SMS Management & Technology Limited ACN 009 558 865 SMS Consulting Group Ltd ACN 006 515 028

M&T Resources Pty Ltd ACN 132 349 458 SMS Management & Technology Asia Pty Ltd ACN 141 797 480 SMS Management & Technology Malaysia Pty Ltd ACN 156 456 361 SMS Management & Technology Singapore Pty Ltd ACN 143 117 819 SMS Management & Technology Vietnam Pty Ltd ACN 110 232 623

1. Details of the reporting period and the previous corresponding period

   Reporting period: Year ended 30 June 2017 Previous corresponding period: Year ended 30 June 2016

2. Results for announcement to the market

   Results	Change from previous corresponding period			June 2017
   Total revenue from ordinary activities	down	$24.2m or 7%	to	$304.5m
   Net loss from ordinary activities after tax attributable to members	down	$51.8m or 534%	to	$(42.1)m
   Net loss for the period attributable to members	down	$51.8m or 534%	to	$(42.1)m

   Dividends	Amount per security	Franked amount per security
   Current period:1 Interim dividend	1.5 cents	1.5 cents
   Previous corresponding period: Final dividend Interim dividend	3.0 cents 6.5 cents	3.0 cents 6.5 cents
   Record date for determining entitlements to final dividend	n/a
   Payment date of final dividend	n/a

   1 It is not proposed to pay a final dividend for the year ended 30 June 2017.

   An explanation of the results can be found in the accompanying Media Release, Investor Presentation and the attached audited 2017 Financial Report (incorporating the Directors' Report).

3. Consolidated statement of comprehensive income

   Refer to the consolidated statement of profit or loss and other comprehensive income and the accompanying notes in the audited 2017 Financial Report attached.

4. Consolidated statement of financial position

   Refer to the consolidated statement of financial position and the accompanying notes in the audited 2017 Financial Report attached.

5. Consolidated statement of cash flows

   Refer to the consolidated statement of cash flows and the accompanying notes in the audited 2017 Financial Report attached.

6. Consolidated statement of changes in equity

   Refer to the consolidated statement of changes in equity and the accompanying notes in the audited 2017 Financial Report attached.

7. Details of individual and total dividends and payment dates

   Refer section 2 above and also Note 9 in the audited 2017 Financial Report attached. There is no foreign sourced income component to any dividend.

8. Details of dividend reinvestment plan

   Not applicable.

9. Net tangible assets

   Current period	Previous corresponding period
   Net tangible assets per ordinary security	27 cents	25 cents

10. Details of entities over which control has been gained or lost during the period

    Not applicable.

11. Details of associates and joint venture entities

    Not applicable.

12. Details of any other significant information

    Refer to the accompanying Media Release, Investor Presentation and the attached audited 2017 Financial Report (incorporating the Directors' Report).

13. For foreign entities, accounting standards used in compiling the report

    Not applicable.

14. Commentary on the results for the period

    Refer to the accompanying Media Release, Investor Presentation and the attached audited 2017 Financial Report (incorporating the Directors' Report).

15. Statement as to whether the report is based on accounts which have been audited

    The 2017 Financial Report has been audited.

16. For unaudited accounts, a description of any likely modified opinion, emphasis of matter or other matter paragraph

    Not applicable.

17. Description of any modified opinion, emphasis of matter or other matter paragraph contained in the independent audit report

Not applicable.

This report is based on, and should be read in conjunction with, the audited 2017 Financial Report attached.

................................................... Date: 22 August 2017

Penny Grau Company Secretary

Financial Report

30 June 2017