IBA Health Half Yearly Report

IBA Health Limited (ASX: IBA), Australia's largest eHealth company, today announced a profit after tax of $11.8 million for the half year to 31 December 2006, up 123 per cent from the 2005 equivalent half year. Revenue increased by 68 per cent to $36.3 million.

Directors have declared an unfranked interim dividend of 1 cent per share payable on 21 March 2007 to shareholders on the register at 7 March. This compares with an interim dividend of 0.5 cents per share unfranked in FY2006.The dividend reinvestment plan will apply, with shares issued at a discount of 5 per cent.

IBA is increasing its guidance for the year to 30 June 2007 of profit before tax and amortisation to $30.7 million (FY2006:$18.1million).Revenue is expected to be $75 million (FY2006: $59 million), and EBITDA is expected to be $32 million (FY2006: $18.95 million).

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