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ACN 120 394 194

Fifth Floor
233 New South Head Road
Edgecliff NSW 2027
Phone (02) 9362 3734
www.ilh.com.au

10 November 2008

The Manager
Company Announcements Office
Australian Stock Exchange Limited

COMPLETION OF ACQUISITION OF THE ARGYLE PARTNERSHIP

The Directors of Integrated Legal Holdings Limited (Integrated) are pleased to advise that the acquisition of the
Sydney based legal business of The Argyle Partnership has been completed.
The consideration for the acquisition was a combination of $2.15m cash plus 4,142,857 Integrated shares issued at 14
cents and is subject to significant employment restraints and conditions. Part of the cash component will be deferred
until the end of FY10 and is subject to financial performance in that year. The cash component of the purchase
consideration has been funded from surplus cash reserves.
With annual fee income of approximately $6.5m, the acquisition of Argyle will provide a significant increase to the
annual revenue of Integrated (10.5 months 2007/2008 $10.7m).
Argyle is a highly regarded commercial law firm with offices in Sydney and Melbourne. This strategically important
acquisition for Integrated is the first of its east coast expansion having listed in August 2007 with Perth based
foundation businesses.
The Directors believe that Argyle brings a strong brand, reputation and growth prospects, and with existing Integrated
businesses will assist in providing Integrated an Australia-wide robust platform for further growth, particularly on the
east coast of Australia.
The Directors believe that the effect of the transaction will be materially positive in terms of earnings per share, and
will enhance the Companys growth prospects. The full revenue and profit impact of the acquisition will be achieved
from the 2009/10 financial year.

Graeme Fowler
Managing Director

Sydney
10 November 2008