ASX Announcement
7 February 2014

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

Director - CEO

Glyn Dawkins - Non Executive

Director

Geoffrey Garside - Non Executive

Director

Company Secretary

Tony McFadden

Principal Contact

Stephen Bizzaca - Managing

Director - CEO Phone: 02 4629 0300

Tony McFadden - Company

Secretary - CFO Phone: 02 4629 0300

To : Australian Securities Exchange

Company Announcement

Non-cash impairment charge

As a result of impairment testing in preparation for the half year financial results, Delta SBD has decided to record a non-cash impairment charge against goodwill of $29 million for the purposes of statutory accounting.
The goodwill arose from the 2007 merger between Delta Mining Pty Ltd and SBD Services Pty Ltd which formed Delta SBD prior to its ASX listing in December 2010. No goodwill will remain on the company's balance sheet after this impairment charge is taken.
The company believes this is a prudent decision. The impairment charge will have no impact on DSB's underlying business or overall cashflow.
Yours Faithfully
Tony McFadden
Chief Financial Officer and Company Secretary

Registered office

Suite 220, Centric

4 Hyde Parade

Campbelltown NSW 2560

Telephone: 02 4629 0300

Facsimile: 02 4629 0399

Website: www.deltasbd.com.au

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