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GR ENGINEERING SERVICES LIMITED Capital/Financing Update 2015

Nov 9, 2015

65003_rns_2015-11-09_3a79b9a8-62f6-408e-8447-f20fbe2bdc81.pdf

Capital/Financing Update

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ASX RELEASE

10 November 2015

For immediate release to the market

DEFLECTOR PROJECT DESIGN AND CONSTRUCTION WORKS

GR Engineering Services Limited (ASX:GNG) ( GR Engineering or Company ) is pleased to announce that it has been engaged by Doray Minerals Limited (DRM.ASX) to undertake engineering, procurement and construction (EPC) works associated with the Deflector Project, located near Gullewa, Western Australia.

The value of the works is approximately $51 million. GR Engineering’s scope of work includes the design, construction and commissioning of a 480ktpa gold and copper mineral processing plant and associated infrastructure. GR Engineering commenced early works on the Deflector Project in August 2015, with civil works being progressed and the erection of the fine ore bin and crushing area structural steel having now commenced. The project is scheduled to achieve practical completion in the second half of financial year 2016.

Commenting on the award, GR Engineering’s Managing Director, Mr Geoff Jones said:

“We are pleased to continue our association with Doray and to have the opportunity to again work with its team on the turn-key delivery of its second gold project. The award of these works is the culmination of a longstanding relationship with Doray and GR Engineering’s in depth knowledge of the Deflector Project. We look forward to continuing to deliver successful project outcomes for Doray.”

Ends.

For further information please contact:

Geoff Jones

Managing Director  +61 8 6272 6000  [email protected]

Joe Totaro

CFO & Company Secretary  +61 8 6272 6000  [email protected]

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 ASX listed engineering and consulting contractor specialising in fixed price engineering design and construction services to the resources and mineral processing industry.

GR Engineering has successfully completed the engineering design and construction of projects for a diverse range of clients, including global mining houses, mid-tier miners and junior developers undertaking their first project. Traditionally an EPC contractor, GRES also has the ability to contract through a variety of models, including EPCM and hybrid contracting arrangements.

GR Engineering also has a long history of providing a diverse range of process engineering consulting services, including feasibility study preparation and management, process design and peer review engagements. These services have been delivered for projects globally and play a key role in delivering organic growth opportunities through design and construction project execution.

The Company also has a presence in the hydrocarbons industry via its wholly owned subsidiary, Upstream Production Solutions. Upstream production Solutions is a leading provider of operations and maintenance and well management services to the Australian and South East Asian oil and gas industry.

As a group, GR Engineering and Upstream Production Solutions employs more than 300 professional and support staff throughout Australia and internationally, in addition to a direct construction workforce and subcontractors.

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