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BHP Group Limited Capital/Financing Update 2008

Jan 29, 2008

14787_rns_2008-01-29_53c85a2a-3d5b-4545-a3e7-33a972797cd4.pdf

Capital/Financing Update

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----- Start of picture text ----- ASX Release30 January, 2008----- End of picture text -----

LogiCamms Limited (ASX:LCM) wins 2 new contracts for major Iron Ore Handling machines

www.logicamms.com.au

LogiCamms Limited (“LogiCamms”) wishes to announce to the market that it has won two contracts to deliver electrical and control system engineering for mobile iron ore handling machines for the BHP Billiton’s RGP4 project at Newman and the RioTinto’s mine at Brockman respectively.

The contracts are expected to generate revenues in excess of $1.5M over a two year period. The contracts represent the continuation of long term relationship’s with major customers and recognises the Group’s industry leading expertise and know how developed over the last 14 years in the design and implementation of electrical and control systems for these major materials handling machines for the Iron Ore and Coal industries.

About LogiCamms Limited

LogiCamms, a merger of Logitech and Camms, was established to create a significant national electrical engineering and control systems company servicing the Resources, Energy & Utilities and other manufacturing and processing sectors.

LogiCamms currently provides extensive electrical engineering services along with specialised design, implementation and support of control systems. This work is highly specialised and involves the understanding and integration of multiple system components to deliver a fit for purpose control solution which reliably and efficiently delivers on clients operational needs.

LogiCamms works both directly with its customers and also as a sub-contractor to various engineering consultants, constructors and original equipment manufacturers.

LogiCamms Limited has offices in Perth, Brisbane, Adelaide, Darwin, Gladstone and Whyalla.

For further information:

Adam Keats Managing Director LogiCamms Limited Ph: 0418818073