Grant of Options Pursuant to AusGroup Employee Share Option Scheme 2007
25 February 2009
Pursuant to Rule 704(27) of the Listing Manual, the board of directors of Ausgroup Limited (the 'Company') wishes to announce that on 25 February 2009, the Company has made an offer on the grant of options under the Ausgroup Employee Share Option Scheme 2007.
Details of the grant of options are as follows:
| (a) | Date of grant | 25 February 2009 |
| (b) | Exercise price of options granted | S$0.16 |
| (c) | Number of options granted | 180,000 |
| (d) | Market price of shares (last done price) on the date of grant | $S0.15 |
| (e) |
Number of options granted to directors and controlling shareholders (and their associates), if any |
None |
| (f) | Validity period of the options | 10 years from date of grant |





