Company Update - November 2007

Nov 7, 2007

ASX RELEASE – Wednesday, 7th November 2007

Directors of Jumbo Corporation Limited provide the following Company update.

  New Chairman Mr David Barwick has taken over as Chairman from Mr Alan Phillips who has indicated he will not be seeking re-election at the Company Annual General Meeting on 22 November 2007. Mr Barwick is an accountant by profession with over 36 years experience in the management and administration of public listed Companies. He is also Chairman of Metallica Minerals Limited (ASX listed) and Chairman, President & CEO of Macarthur Minerals Limited (TSX-V listed). Mr Barwick has recently resigned from three other directorships to focus on Jumbo and those Companies which he considers to have significant potential for growth.   Record Ozlotteries.com Sales in October A record month of online lottery sales from Ozlotteries in October highlighted the growing popularity of the Company’s flagship website Ozlotteries.com. The strong month was a result of a number of factors: • Growing acceptance of the Internet as a place to buy regular lottery tickets. • Fortunate run of Jackpots and the $20 million Superdraw on the 3rd November. • Improvements to the www.ozlotteries.com web site and online marketing techniques.   Winning Streak The popularity of Ozlotteries.com is also highlighted by a recent run of good fortune for Ozlotteries.com customers. • A $5 million Division 1 prize was won by an Ozlotteries.com customer in August 2007. • A $2 million Division 1 prize was won by a Syndicate sold from Ozlotteries.com in November 2007.   Yahoo!7 As announced 2 October 2007, Yahoo!7 and Jumbo announced the public launch of Yahoo!7 Lotto at www.yahoo7.com.au/lotto. Since the launch the number of customers from this new site has grown steadily.   Manaccom Record Month As announced on 4 October 2007, the newly-acquired business of Manaccom has recorded its highest monthly sales in its 21 year history for the month of September. The record month is mostly attributable to the release of the Trend Micro Internet Security 2008 range of software which includes an anti-virus and anti-spyware software.   Net Nanny Manaccom has signed an agreement with Content Watch International (CWI) to distribute their range of internet content filtering products in Australia and New Zealand. The range includes the popular Net Nanny Internet filter as well as other appliances that enable businesses to block specific web sites and help prevent the loss of productivity that occurs when employees spend time browsing non productive sites on the Internet. Manaccom has marketed and supported Net Nanny to the consumer market in Australia for almost ten years. In that time the Net Nanny brand has become recognised as the leading Internet content filter available in Australia for use on a PC. Manaccom and Content Watch are now working together to tender Net Nanny to the Australian Government as a product to be included in the "Protecting Australian Families On-line" initiative. Should the tender be successful, Manaccom will undertake the distribution and provide support to users of Net Nanny under contract to the Australian Government, which will make the product available to families at no cost.   About Jumbo Founded in 1995, Jumbo is a specialist e-commerce company that made an early start in the growing e- commerce industry. In 2005 Jumbo acquired TMS Global Services Pty Ltd which enabled it to sell popular Australian Lotteries online. Since then it has redeveloped the Ozlotteries.com web site which has grown to be one of Australia’s most popular lottery web sites. More recently, Jumbo acquired Manaccom, a specialist software publishing and distribution business with contracts to supply major retail chains including Harvey Norman, Dick Smith, JB Hi-Fi and Officeworks.   For further Information: Mike Veverka CEO, Jumbo Corporation (07) 3831 3705

Media Assets

 071120072.pdf