GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2013

Jun 11, 2013

==> picture [235 x 74] intentionally omitted <==

ASX RELEASE

12 June 2013

For immediate release to the market

Commencement of Hemerdon Tungsten and Tin Project EPC Contract

Further to its ASX release of 6 March 2013, GR Engineering Services Limited (ASX:GNG) ( GR Engineering ) is pleased to announce that notice has now been received from Wolf Minerals Limited (ASX:WLF) ( Wolf ) for the commencement of the engineering, procurement and construction contract ( EPC Contract ) for the Hemerdon Tungsten and Tin Project, located near Plymouth, England.

Work will commence immediately on the EPC Contract. The total EPC Contract value is approximately £75 million (A$123 million[1] ) with the project due to be delivered over approximately 2 years.

GR Engineering looks forward to working with Wolf on the successful delivery of the Hemerdon Tungsten and Tin Project.

Ends.

For further information:

Joe Ricciardo	Media Enquiries
Managing Director	Sara Clafton
	Clafton Counsel
(08) 6272 6000	+61 414 300 095
 joe.ricciardo@gres.com.au	 sclafton@claftoncounsel.com.au

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 approximately 230 professional and support staff at its offices in Perth, Kalgoorlie and Brisbane in addition to its direct construction workforce and subcontractors.

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

1. 1 AUD = 0.61 GBP