GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2016

Sep 22, 2016

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ASX RELEASE

23 September 2016

For immediate release to the market

EPC CONTRACT AWARD – DAVYHURST

GR Engineering Services Limited (GNG.ASX) ( GRES or Company ) is pleased to announce that it has been awarded a contract with Eastern Goldfields Limited (EGS.ASX) ( Eastern Goldfields ) to provide engineering, procurement and construction services associated with the refurbishment of the 1.2Mtpa Davyhurst processing facility ( Contract ).

Davyhurst is located approximately 140km north west of Kalgoorlie and 53km south west of Menzies, Western Australia. The processing facilities have been on care and maintenance since 2008 and are being refurbished and recommissioned to process ore from nearby production sources within the Davyhurst hub.

The Contract will be delivered on an EPC basis with a value of approximately $12.5 million. Work under the Contract will commence immediately, with completion targeted for the March quarter of 2017.

Ends.

For further information contact:

Geoff Jones

Managing Director

 +61 8 6272 6000

 geoff.jones@gres.com.au

Joe Totaro

Chief Financial Officer  +61 6272 6000  joe.totaro@gres.com.au

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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 ASX listed engineering design and construction 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, GR Engineering also has the ability to contract through a variety of models, including EPCM and hybrid contracting arrangements.

GR Engineering 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 employs more than 300 professional and support staff throughout Australia and internationally, in addition to a direct construction workforce and subcontracted personnel.

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