ORBIT GAR ANT DRILLING INC PRO FORMA CONSOLID A TED ST A TEMENT OF EARNINGS AND COMPREHENSIVE INCOME F or the 12 months ended March 31 2008 unaudited Orbit Garant Orbit Garant Orbit Garant Drift Drilling Inc Drilling Inc Drilling Inc 16 days P ro forma 9 months 9 months 6 months ended consolidated ended ended ended April 16 12 months ended March 31 June 30 March 31 2007 March 31 2008 2007 2007 Note 4 2008 1 2 3 4 12 34 CONTR A CT REVENUE 57502957 36732820 18853888 241148 75623037 COST OF CONTR A CT REVENUE 37423033 26132158 13635178 167442 50087455 GROSS PROFIT 20079924 10600662 5218710 73706 25535582 EXPENSES General and administrative 3543319 1989799 1041056 28242 4520304 Amortization of capital assets 1860346 1673821 895063 5719 2644823 Amortization of intangible assets 3016501 2464935 1459436 4022000 Management fees 187500 187500 125000 250000 Integration fees 160925 255697 26716 389906 L oss gain on sale of capital assets 22775 130461 6972 114658 F oreign exchange losses gain 30022 17131 391 5477 41285 Interest on longterm debt 1102161 952796 562798 1492159 Interest and bank charges 378531 109867 43293 445105 10302080 7521085 4160725 28484 13690924 EARNINGS BEFORE THE FOLLOWING ITEMS 9777844 3079577 1057985 45222 11844658 OTHER REVENUE 4111 88054 76648 15517 SHARE IN NET EARNINGS OF A COMP ANY SUBJECT TO A SIGNIFICANT INFL UENCE 283323 283323 EARNINGS BEFORE INCOME T A XES AND NONCONTROLLING INTEREST 10065278 3167631 1134633 45222 12143498 INCOME T A XES 2104786 1184258 423642 29216 2894618 NET EARNINGS BEFORE NONCONTROLLING INTEREST 7960492 1983373 710991 16006 9248880 NONCONTROLLING INTEREST 84280 50992 33288 NET EARNINGS 7960492 1899093 659999 16006 9215592 OTHER COMPREHENSIVE LOSS NET OF INCOME T A XES Unrealized losses on availableforsale investments 4165 30359 29175 5349 COMPREHENSIVE INCOME 7956327 1868734 630824 16006 9210243 Earnings per share Basic 029 Diluted 028 W eighted average number of common shares outstanding Basic 32281542 Diluted 33062730 F60