D&G Acquisition Announcement

ASX Announcement - 28th May 2009

The Verticon Group announced today that its shareholders have now approved the sale of its Australian Crane and Hoist Division to D&G Hoists & Cranes (Aus) Pty Ltd.

Completion of the sale will take place on Monday 1 June 2009.

Verticon Group Limited

For further information contact:

Mr. Andrew Torrington
Chief Executive Officer
(03) 9860 7704
(0408) 237 137

Mr. Noel Henderson
Non Executive Chairman
(03) 9539 5001
(0418) 170 035