ASX Announcement: Calliden Group Limited (CIX)

23 February 2012

Calliden 2011 Full Year Results and Outlook for 2012

Calliden Group Limited (Calliden) advises that its audited result for the year ended 31
December 2011 is a loss of $10.2m. The final audited loss is an improvement on the loss
range of $11.5M to $12.5M indicated in Calliden's 30 January 2012 market update.
Principal reasons for the loss relate to a further deterioration in the second half as a result of: