DVT HOLDINGS LIMITED ANNOUNCES 3 CENT DIVIDEND, FULLY
FRANKED PER RECONSTRUCTURED SHARE

17 September 2002

Following the successful completion of the merger of DVT Holdings Limited (“DVT”
or “Company”) and Utility Services Corporation Limited (“USC”), DVT is pleased to
announce that:
¨ The new Board of Directors has been appointed, with Mr Geoff Lord elected as
Executive Chairman;
¨ A fully franked 3 cent per Reconstructed Share special interim dividend has
been declared by the board, to be paid 21 November 2002. (for former USC
shareholders this brings the effective full year dividend to 5 cents per share fully
franked);
¨ A share buy-back program has been established;
¨ A general meeting of shareholders has been called, and will be held on 28
October 2002 in Sydney. At that meeting shareholders will be asked to consider
a range of proposals including a change in the name of the Company to USC
Limited and a reconstruction of capital on a 1:18.6 basis;
¨ Wholly owned subsidiary e-Data Group Pty Limited has changed its name to
XSI Data Solutions Pty Limited.
The Company is now in a very sound position holding approximately $40 million of
cash and investments. Franking credits available (tax paid) total $16.6 million. The
combined budgeted revenue of the Company is in excess of $150 million per annum.
The Board of Directors
The following directors of USC have been appointed to the Board of DVT:
Mr Geoff Lord – Executive Chairman
Mr Geoff Cosgriff – Non-executive Director
Mr Kingsley Culley - Non-executive Director
Mr Fredrick Swaab - Non-executive Director
Mr Ron Zammit - Non-executive Director
In addition to:
Mr. Jean-Marie Simart - Non-executive Director
Mr. Juerg Walker – Non-executive Director
Attachment A to this announcement provides further details as to the experience and
qualifications of the new Directors.

Mr Mark Hubbard and Mr Edward Rule have resigned from the Board to make way
for the new directors, with the thanks of the Board for their role in the stabilisation
and redevelopment of DVT.
Special Dividend
The Board has declared the payment of a special dividend of 3 cents fully franked per
Reconstructed Share. A Reconstructed Share is defined to mean a share in the
Company subsequent to the approval and implementation of a proposed share
consolidation on the basis that each 18.6 existing shares in the issued capital of the
Company be consolidated into one fully paid share. If shareholders in general
meeting do not approve such consolidation, the amount of the special interim dividend
payable in respect of each share will be divided by 18.6.
The dividend will be fully franked, and will replace the final dividend to former USC
shareholders. The dividend amount has increased by 1 cent per share over the USC
prior year final dividend. This increase is due to the substantial cash and franking
credit position of the group, the considerable balance of available retained earnings
within USC, and the satisfactory results of USC and DVT. For those former USC
shareholders the total full year dividend is brought to 5 cents per share fully franked.
Payment of this dividend will be proposed to the shareholders for ratification at the
next general meeting.
Share Buy-Back Program
The Board has implemented an on market share buy-back program consistent with the
capital management program previously undertaken by USC.
The buy-back program will provide to holders of small and unmarketable parcels a
market in which to realize their holdings; it will act as a stabilising influence on the
Company’s share price; it will boost earnings per share performance, and it will
perpetuate the program previously in place for the benefit of USC shareholders.
The program will be of one year’s duration, and will be limited to 10% of the
Company’s issued capital.
Notice of General Meeting
The Board has called a general meeting of shareholders to be held on 28 October 2002
in Sydney. Resolutions for consideration by shareholders, include:
¨ The adoption of a new constitution of the Company;
¨ Changing the name of the Company to USC Limited;
¨ A reconstruction of capital to consolidate the shares and options on a 1 for 18.6
basis;
¨ Reconstruction of retained earnings to eliminate accumulated losses within the
parent entity, DVT Holdings Limited;
¨ Approval of various share and options plans;
¨ Approval of the issue of options; and
¨ Ratification of the payment of the dividend.
The Notice of General Meeting and Explanatory Memorandum will have further
details, and will be despatched to shareholders on 20 September 2002.

XSI Data Solutions Pty Limited
Following the purchase of the business and assets of XSI Technology Pty Limited
from Powerlan, and the merger and integration of that business with wholly owned
subsidiary e-Data Group Pty Limited, the company, a wholly owned subsidiary of
DVT, has changed its name to XSI Data Solutions Pty Limited. This change reflects
the integration of XSI and e-Data, and the synergistic opportunities soon to become
available from the merger of DVT and USC.
Annual General Meeting
It is planned to hold an Annual General Meeting for the new USC Limited in late
November. The details of this meeting will be advised to shareholders in due course.

For further information:
Geoff Lord
Executive Chairman
(03) 9941 3100

Mark Hubbard
Company Secretary
(02) 9262 9600

Jim Walsh
Finance Director & Company Secretary
(03) 9224 5777

Investor Services Toll Free Line:
1 800 092 092