9 September 2008ASX ANNOUNCEMENTA.B.C. LEARNING CENTRES LIMITED...

9 September 2008
ASX ANNOUNCEMENT
A.B.C. LEARNING CENTRES LIMITED (ASX:ABS)
MARKET UPDATE
Annual Results
A.B.C. Learning Centres Limited (“ABC”) continues to finalise its full financial year results
and expects to release full statutory audited accounts with its Appendix 4E prior to the end of
September 2008. The Company believes that the concurrent release of the audited accounts
and the Appendix 4E will eliminate any further speculation and uncertainty.
CFO Appointment
ABC has today appointed Peter Trimble as the Company’s Chief Financial Officer (CFO).
Mr Trimble is a highly experienced finance professional who has had a long and successful
career with Rinker Group Limited and CSR Limited in Australia and the United States. He
has most recently completed an interim appointment as CSR’s Chief Financial Officer. Prior
to this he held various senior finance positions throughout the Rinker/CSR Groups which
included CFO of CSR Readymix and CSR Timber Products in Australia and CFO of Hydro
Conduit Corporation and American Aggregates Corporation in the United States.
Mr Trimble has had considerable involvement in organisational transformation, having been
part of a small team that drove the US components of the de-merger of CSR to form Rinker
in 2003. He also has extensive experience in strategic planning, business development,
divestments and mergers & acquisitions.
David Ryan, Chairman of ABC, said “We are pleased to secure an executive of Peter’s
calibre and experience to this important role.
Peter has a strong background in operational financial management that will complement
ABC’s renewed focus on improving its Australian/New Zealand business. He will be a key
member of ABC’s executive team which has been significantly strengthened during the
year”.
Mr Trimble will commence employment on the 22nd September 2008.
Future Directors
On the 5th August 2008 the Company announced the restructure of its Board with the
proposed appointment of a group of five new non-executive Directors to be effective from
mid-September. Mr Frank Ford, one of the proposed appointees, has advised that he no
longer wishes to proceed with the appointment. It is anticipated that the remaining
appointments will now take place at some time after the Company’s results have been
released.