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http://www.theaustralianinvestor.com.au/NewsFeed_Magazine.asp?

id=2497 August 17 2007


Integrated Legal Holdings Makes its Debut on the ASX
Due to a strong interest in Integrated Legal Holdings IPO, the Companys Public Offer closed early and
oversubscribed.
Additionally, 100% of the shareholders in Law Central Co Pty Ltd accepted their Integrated offer, with some
purchasing more shares. If you missed out on this initial offer, you will soon have the ability to purchase
more shares in Integrated as it is set to commence trading on the ASX today.
The attractiveness of Integrateds IPO is reflected in its strong business model that has five key attributes:
1. It focuses on making a partner's interest liquid and providing ongoing passive income through potential
dividends
2. It allows equity partners to continue to manage their practices but with the aid of the employee share
scheme to increase staff retention and hiring (as opposed to the traditional offer of partnerships which is less
appealing to the X and Y generation)
3. It helps facilitate the growth of their practices through "tuck in" opportunities
4. It enables Integrated law firms to refer work to other Integrated practices
5. It provides group economies of scale
Currently, this business model provides Integrated with a solid, historical revenue flow. In fact, over 89 law
firms and associated business have contacted the Company.
Going forward the Company is on the acquisition trail. It has identified a number of law firms that it is
interested in purchasing. Integrated believes that these law firms are the most likely to achieve accelerated
growth under its proven model.
Mr. Brett Davies, the spokesperson for Integrated Legal Holdings, commented, We greatly appreciate the
amount of support we have had thus far and we look forward to implementing our future plans, while
providing everyone with a chance to be a part of the legal industry. It trades under IAW.

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