GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2016

Jul 10, 2016

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ASX RELEASE

11 July 2016

For immediate release to the market

ENTRY INTO $36 MILLION EPC CONTRACT

GR Engineering Services Limited (ASX:GNG) ( GR Engineering or Company ) is pleased to announce the entry into an engineering, procurement and construction (EPC) contract ( Contract ) with Auctus Resources Pty Ltd ( Auctus ) for the design and construction of completion works associated with the 500,000 tonne per annum Mungana zinc, lead, copper and gold concentrator facility located at Chillagoe, Northern Queensland.

Work on this Contract, which will be carried out primarily through the Company’s Brisbane office, will commence immediately and is expected to be completed in April 2017.

Contract revenue is expected to be approximately $36 million, with half that revenue expected to report to HY17.

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

“GR Engineering looks forward to working with Auctus and to establishing a long term relationship with this first time client through the delivery of successful outcomes for the Mungana Project. We are seeking to increase our presence in Queensland, where we are actively pursuing several contracting opportunities. The award of this Contract is a positive step in the successful implementation of this market strategy.”

Auctus’ Executive Chairman, Steve Murdoch said:

“We are looking forward to progressing the Mungana Project construction phase with our new partner GR Engineering. We selected GR Engineering on the basis of it having a strong history in completing base metal concentrators on time, budget and achieving required performance criteria.”

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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