GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2012

Apr 22, 2012

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ASX RELEASE

23 April 2012

For immediate release to the market

GR ENGINEERING AWARDED $18 MILLION CONTRACT FOR TELFER LP237 REFURBISHMENT AND COMMISSIONING

GR Engineering Services Limited (ASX:GNG) ( GR Engineering ) today announced it had been awarded an engineering, procurement and construction (EPC) lump sum contract by Newcrest Mining Limited (ASX:NCM) ( Newcrest ) for the refurbishment and commissioning of the LP237 dump leaching facility at Newcrest’s Telfer mine in Western Australia ( Contract ).

The revenue contribution to GR Engineering from the Contract is approximately $18 million, with the Contract works being due for completion in November 2012.

The works under the Telfer LP237 Contract include engineering design and documentation, procurement of materials and equipment, fabrication, construction, commissioning and project management.

Joe Ricciardo, Managing Director, said:

“This Contract is GR Engineering’s third brownfields EPC engagement at Telfer in the past year, all of which have been awarded following our delivery of front end engineering studies. We look forward to continuing our strong working relationship with Newcrest and demonstrating GR Engineering’s ability to unlock value for clients through the delivery of incremental project enhancements.”

Ends.

For further information contact:

Joe Ricciardo Managing Director

 +61 8 6272 1547  joe.ricciardo@gres.com.au

Media Enquiries Sara Clafton Clafton Counsel  +61 414 300 095  sclafton@claftoncounsel.com.au

GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: gres@gres.com.au Website: www.gres.com.au PO Box 258, Belmont WA 6984 179 Great Eastern Highway, Belmont WA 6104

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GR Engineering Services Limited (ASX:GNG) is an engineering, consulting and contracting company specialising in fixed price engineering design and construction services to the resources and mineral processing industry.

Founded in Perth, Western Australia in 2006, GR Engineering has rapidly grown through the completion of design and construction projects for a diverse range of clients, including global mining houses, mid-tier miners and junior developers undertaking their first project.

GR Engineering has undertaken feasibility studies for projects in over 20 countries. These studies play a key role in delivering organic growth opportunities through their conversion into design and construction projects.

GR Engineering directly employs more than 200 professional and support staff at its offices in Perth, Kalgoorlie and Brisbane in addition to its direct construction workforce and subcontractors.

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