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GENTRACK GROUP LIMITED Capital/Financing Update 2014

Aug 31, 2014

65024_rns_2014-08-31_5c72dded-0d16-4bb1-a0bc-39df0dfcb168.pdf

Capital/Financing Update

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1 September 2014

Gentrack software upgrade chosen by leading Australian Energy Utility

Gentrack Group (NZX/ASX: GTK) a developer of specialist software for energy utilities, water companies and airports around the world has signed a substantial upgrade contract with a leading Australian based energy utility customer. This is the delayed contract that was referred to in previous announcements as expected to be signed by 30 September 2014.

Gentrack Group Chief Executive Officer, James Docking, noted that work on the project has commenced, “We are very pleased that this long standing customer has chosen to upgrade its existing Gentrack solution and look forward to delivering the latest functionality that Gentrack Velocity software offers.”

Gentrack is also pleased to announce the signing of a new contract for an implementation of its latest utility billing and CRM system at the Water Authority of Fiji. This is in line with Gentrack’s plans and builds on its market position in the Pacific Islands.

ENDS

Contact

John Clifford – Chairman

James Docking - CEO

Aaron Baker – Marketing Manager

+64 9 966 6090

About Gentrack

Auckland-based Gentrack is a developer of specialist software for energy utilities, water companies and airports around the world. It employs 200 people in offices in Auckland, Melbourne, London and Brisbane, and services more than 150 utility and airport sites globally.

Gentrack Group Ltd | www.gentrack.com | [email protected]

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Gentrack is comprised of two leading software products - Gentrack Velocity and Airport 20/20. Gentrack Velocity is a specialist billing and CRM product designed for Energy utilities and Water companies. Airport 20/20 is a comprehensive Airport Management System engineered to optimise an airport’s operations and enhance the passenger experience.

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