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GR ENGINEERING SERVICES LIMITED Capital/Financing Update 2013

Jan 3, 2013

65003_rns_2013-01-03_1148144c-90d1-4961-9288-0e286eb07d8c.pdf

Capital/Financing Update

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ASX RELEASE

4 January 2013

For immediate release to the market

GR ENGINEERING AND ANDY WELL MINING PTY LTD EXECUTE $30.3 MILLION EPC CONTRACT

GR Engineering Services Limited (ASX:GNG) ( GR Engineering or Company ) is pleased to advise that it has signed an EPC contract with Andy Well Mining Pty Ltd, a wholly owned subsidiary of Doray Minerals Limited (ASX:DRM) ( Doray ), for the engineering, procurement and construction of the processing plant for Doray’s Andy Well Gold Project in Meekatharra, Western Australia.

The contract price is $30.3 million, with the majority of this revenue expected to fall into the 2013 financial year.

Joe Ricciardo, the Managing Director of GR Engineering, said:

Following our appointment as preferred contractor in July 2012, it is pleasing to have now formalised our contractual arrangements with Doray. Work on the Andy Well Gold Project is already underway and is proceeding on time and on budget.

GR Engineering was selected to design and construct the Andy Well Gold Project processing plant after working with Doray on the bankable feasibility study for the project. This contract award is a further endorsement of GR Engineering’s ability to assist clients from project inception through to project execution and delivery.”

Ends.

For further information contact:

Joe Ricciardo Managing Director

 +61 8 6272 6000

[email protected]

Media Enquiries Sara Clafton Clafton Counsel

 +61 414 300 095

GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: [email protected] 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 220 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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