GR ENGINEERING SERVICES LIMITED — Capital/Financing Update 2020

Oct 1, 2020

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ASX RELEASE

2 October 2020

For immediate release to the market

EPC Contract – Wiluna Gold Operation - Concentrator

GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that it has been appointed as EPC contractor by Wiluna Mining Corporation (Wiluna Mining) for stage 1 works relating to the concentrator development program for its Wiluna Gold Operations located in Western Australia (the Project).

The contract sum is $25.7 million. GR Engineering will commence work in early December with commissioning scheduled for October 2021.

Commenting on the award, Mr Geoff Jones, Managing Director said:

“GR Engineering is pleased to be working with the Wiluna Mining team on this exciting project, and it further enhances GR Engineering’s reputation as the leading gold EPC contractor in Australia.”

Ends.

For further information please contact:

Geoff Jones

Managing Director

 +61 8 6272 6000

•  geoff.jones@gres.com.au

Omesh Motiwalla

CFO & Company Secretary

 +61 8 6272 6000

•  omesh.motiwalla@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