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GR ENGINEERING SERVICES LIMITED Capital/Financing Update 2015

Jul 15, 2015

65003_rns_2015-07-15_c8888cba-7f3c-4daf-9865-22bbf8bb0fd1.pdf

Capital/Financing Update

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ASX RELEASE

16 July 2015

For immediate release to the market

Entry into $12 million EPC contract Nova Nickel Project Non-Process Infrastructure

GR Engineering Services Limited (ASX:GNG) ( GR Engineering or Company ) is pleased to announce that it has entered into an engineering, procurement and construction (EPC) contract for the design and construction of non-process infrastructure associated with Sirius Resources NL’s ( Sirius ) Nova Nickel Project ( Project ).

Work under the contract is valued at approximately $12 million and will be completed concurrently with the Project’s processing facilities, which are now underway.

GR Engineering’s Managing Director, Geoff Jones, commented that:

“Together with work already contracted, GR Engineering has now secured works of approximately $126 million for the Nova Nickel Project. We look forward to continuing to work with Sirius and to playing our part in the successful development of this important project.

Further to these significant contract awards, GR Engineering continues to seek opportunities in Australia and overseas with the view to more fully utilising its operational and financial resources. In addition, we continue to pursue additional consulting and study engagements to further utilise the Company’s process engineering capacity and to gain exposure to design and construction opportunities in the longer term.”

For further information contact:

Geoff Jones

Managing Director

 +61 8 6272 6000

[email protected]

Joe Totaro

Chief Financial Officer

 +61 8 6272 6000

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 285 professional and support staff throughout Australia and South East Asia, in addition to a direct construction workforce and subcontractors.

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