ECOS CONSULTING (AUST) PTY LTD

Located in Perth, Australia, Ecos has been providing consultancy services to the energy and minerals industries since 1996. Ecos employs 15 permanent full time staff. In addition, and as is common in this sector, the business utilises a number of specialist consultants, the majority of whom have long term relationships with the Company. Mark Watson, the Operational Director of Ecos, will be remaining with RPS following completion. In the year ended 30 June 2005 Ecos had revenues of A$4.0 million (£1.7 million), and adjusted profit before tax of A$0.2 million (£0.1 million). Net assets at 30 June 2005 were A$0.2 million (£0.1 million). The current year is showing significant growth.