Annual Financial Results 30 June 2005

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Annual Financial Results 30 June 2005
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Unwired leading the world

• Leading wireless broadband carrier
• Successful launch and brand established from
  August 2004
• Largest network of its type in the world
  delivered in record time and on budget 72
  towers covering 2000 sq. km/3.5 million people
• More than 28,000 customers in just over 10 months
  offering wireless VoIP and internet access
• Transitioned to full commercial operations, 79
  staff, all back office systems in place
• Revenue 13.2 million with customer numbers
  growing from a very small base from August
• Net loss 40.77 million reflected business
  transition
• On track for solid growth in a market ready for
  new technologies

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Unwired today

• Anticipate strong revenue growth for future
  quarters as we continue to expand the business.
  We are in an excellent position for the future
• 37 million Intel investment shores up expansion
  to other cities around Australia
• Spectrum swap with Austar sees Unwired holding
  the 2.3GHz and 3.5GHz spectrum for all major
  metropolitan areas
• The 2.3GHz/3.5GHz spectrum bands are at the core
  of the WiMAX mobile standard
• Sponsorship of Alan Jones Show on 2GB pivotal to
  marketing strategy to broaden target audience
  beyond early adopters. Jones undisputed Sydney
  talkback King
• VoIP strategy to partner with software providers
  on track with Freshtel partnership announcement
  August 05
• Now testing a PCMCIA (PC) card and will make a
  decision on likely timing for launch when this
  testing is complete
• Best positioned for future wireless broadband
  standard WiMAX

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National coverage
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Unwired marketing sales

• New marketing campaign launched August 05
• Channel split Retail 64, direct 30, wholesale
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• Plug play nature of Unwireds service has
  huge appeal to most successful channel retail
• Recent retail agreement with distributor Tecksel
  targets the SME market
• More than 110 retail outlets across Sydney

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Unwired Group Ltd Financial results for full
year ending 30 June 2005
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Financial performance summary to 30 June 2005
2005 000 2004 000
Revenue from operations 11,492 335
Cash Cash deposits over 12 months or securing guarantees 17,097 2,170 19,267 67,045 439 67,484
EBITDA (26,840) (8,156)
Depreciation (15,646) (1,058)
Capex Increase in gross PPE before depn Total PPE assets as cost 12,495 33,290 20,795 20,795
Earnings per share (16.31) cents (5.22) cents
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Revenue and ARPU
Monthly ARPU (excl GST) To Jun 05 To Dec 04
Retail 43.26 46.03
Wholesale 38.74 43.03
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Financial results trends by half year
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Operating expenses trends by half year
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Balance sheet 30 June 2005
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The future - WiMAX
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Wireless broadband future WiMAX

• Wireless broadband growth accelerating because of
  need for simplicity, portability, and continuing
  move towards mobile phones away from traditional
  home phone. Now 18 million mobiles in Australia
  compared to 10 million landlines
• WiMAX will change the way people access data
  moving it from a shared to personal device
• WiMAX will deliver high speed data communications
  across wide distances
• Benefits mobility, global roaming, high speed
  access, and cheaper for companies to rollout
  networks
• Momentum building Intel, Disney, Samsung,
  Nokia, Microsoft, Sprint and British Telecom.
  Ratified as standard late 2005
• WiMAX modems built into laptops planned for
  2007 PDAs to follow. PC cards, desktop modems,
  and phone lines eventually redundant for people
  in WiMAX areas

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Intel/Unwired to accelerate WiMAX deployment

• Intel to invest 37million in Unwired. In return
  it receives 82.2 million convertible notes with
  45 cent conversion price
• This investment means we can fast track our
  network rollout and launch the Unwired service in
  more Australian cities in 2006
• Both companies have also agreed to jointly
  promote wireless broadband capabilities using
  WiMAX networks in Australia
• Unwired will adopt future Intel products that
  support the upcoming IEEE 802.16e for WiMAX
  solutions which will be found in both
  infrastructure equipment and notebooks

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Unwireds WiMAX advantage

• Unwired/Austar best placed locally to transition
  to WiMAX
• Unwired in unique position of having access to
  majority of WiMAX designated 3.5/2.3GHz bands in
  metropolitan Australia
• Ability to obtain Navini base stations and CPEs
  that operate on current proprietary technology
  but can be easily upgraded to WiMAX in the future
• With large amount of capacity we have we can
  operate existing proprietary technology and WiMAX
  based services concurrently no disruption to
  existing customers
• Special combiner technology from Navini means we
  can operate 2 base stations from same antenna
  one proprietary, one WiMAX

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The future
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Intel Capital
Makes And Manages Financially Attractive
Investments In Support Of Intels Strategic
Objectives
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Intel Why Unwired?

• Why Unwired?
• Deployment know-how and retail presence
• City-wide deployment approach
• Investment objective
• Advance WiMAX network deployment in Australia
• Showcase deployment model other countries should
  replicate

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The world is going wireless
INFRASTRUCTURE Voice and Data Last Mile Wireless
Backhaul Wireless Service Convergence
ENTERPRISE Unwired Offices and Factories
Connected Mobile Devices Ubiquitous Wireless
Connectivity
CONSUMER Wireless DSL (WiMAX) Voice / Data /
Video Inter-Device communications (UWB) Streaming
Video / 3D Gaming
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Why WiMAX
Established Customer Demand
WiMAX Will Meet Emerging Customer Needs
Broadband, but Fixed
Mobile, but Narrowband
Fixed Mobile Data, Voice, Video
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