GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2018

Aug 28, 2018

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ASX RELEASE

29 August 2018

For immediate release to the market

EPC Contract - Fosterville Paste Backfill Plant

GR Engineering Services Limited (ASX:GNG) ( GR Engineering ) is pleased to announce that it has been awarded a contract by Fosterville Gold Mine Pty Ltd ( Fosterville ) for the engineering design, procurement and construction of a paste backfill plant at the Fosterville Gold Mine, located 21 km east of Bendigo, Victoria ( Contract ).

GR Engineering’s scope of work under the Contract extends to all process engineering design, supply, construction and commissioning of a paste backfill plant capable of producing 65 m³/h of paste to fill stopes in the Fosterville Gold Mine. The scope of work also includes the design of underground reticulation piping.

The Contract price is approximately $23.9 million. Work under the Contract will start immediately, with completion of the facility scheduled to occur in 2019.

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

“GR Engineering’s team has an excellent track record in the design and construction of paste backfill facilities. We look forward to demonstrating our capability at Fosterville through the safe and successful delivery of this plant.”

Ends

For further information please contact:

Geoff Jones

Managing Director

 +61 8 6272 6000

Joe Totaro CFO & Company Secretary  +61 8 6272 6000

 geoff.jones@gres.com.au  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 71 Daly Street, Ascot 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 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 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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