AJ LUCAS GROUP LIMITED — Capital/Financing Update 2012

Dec 6, 2012

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7 December 2012

ASX ANNOUNCEMENT/MEDIA RELEASE

Banking Facilities Update

Further to the announcement made on 30 November, the Company’s Senior Financier has agreed to extend the maturity date of the Group’s senior banking facilities to 14 February 2013. The majority of these facilities relate to leases of plant and equipment.

As previously announced, the Company has received various indicative proposals from selected parties regarding refinancing these facilities and is currently assessing them.

For further information please contact:

Nicholas Swan Company Secretary +61 2 9490 4127

About AJ Lucas Group Limited

Lucas is a leading provider of specialist infrastructure, construction and drilling services to the energy, water and waste water, resources and public infrastructure sectors. In particular, it is the largest supplier of drilling and gas management services to Australia’s coal industry. Other divisions provide construction and civil engineering services together with facilities management.

AJ Lucas is also a proven developer of unconventional hydrocarbon properties. Current investments include a 43% shareholding in Cuadrilla Resources, an exploration and production company focused on unconventional hydrocarbons, and a 25% direct interest in the Bowland and Weald shale basin prospects in respectively North West and South East England. Past projects successfully developed and exited include the Company’s investments in Gloucester Basin, Sydney Gas and ATP651 in Queensland’s Surat Basin.