EnviroMission Ltd.

Annual Report:

Income Statement: As of Jun. 30 Thou. Australian Dollars	2009	2008
Revenues	14	109
Cost & exps.	2,564	989
Impairment write-down	5,729
Depr. & amort.	3,091	517
Interest exp.	265	270
Net income	(11,634)	(1,667)
Share earns. basic	(0.06)	($0.02)
Share earns. diluted	(0.05)	($0.02)
Avge. com. shs. (Thou.)	355,871	100,556

Balance Sheet: As of Jun. 30 Thou. Australian Dollars	2009	2008
Assets:
Cash & equiv.	47	11
Receivables, net	360	121
Tot. curr assets	407	132
Net property	15	5
Intangibles	3,454	6,134
Other assets	8	76
Total assets	3,884	6,347
Liabilities:
Loans pay.	168	358
Trade & other payables	1,273	1,066
Tot. curr. liabs.	1,441	1,424
Ord. stk. n.p.	29,355	20,277
Reserves	76
Retained earns.	(26,989)	(15,354)
Total liabs. and equity	3,884	6,347
Common Shares (Thou.)	306,819	100,556