AJ LUCAS GROUP LIMITED — Capital/Financing Update 2012

Sep 10, 2012

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11 September 2012

ASX ANNOUNCEMENT

REVISED TIMETABLE FOR ISSUE OF PLACMENT SHARES

As set out in the Notice of Meeting for the EGM held on 5 September 2012, the Company had anticipated that it would settle the Placement with Kerogen Investments No. 1 (HK) Limited ( Kerogen ) on 10 September 2012 and allot the Placement Shares to Kerogen on 11 September 2012.

The Company has now agreed with Kerogen that settlement of the Placement occur on Monday, 17 September 2012 with allotment of the Placement Shares on or before Tuesday, 18 September 2012.

The issue of the Prospectus has also been deferred to coincide with the date that the Placement Shares are allotted.

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 and coal seam gas industries. 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.