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MONADELPHOUS GROUP LIMITED Capital/Financing Update 2009

Nov 18, 2009

65357_rns_2009-11-18_e130f65c-744b-48d8-94f0-e49a2c3516f1.pdf

Capital/Financing Update

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Monadelphous Group Limited

A.B.N. 28 008 988 547 PO Box 365 Applecross WA 6953 1 Sleat Road Applecross WA 6153 Telephone: (08) 9316 1255 Facsimile: (08) 9316 1950

19 November 2009

Company Announcements Australian Stock Exchange Limited Level 4, 20 Bridge Street Sydney NSW 2000 Australia

Dear Sir/Madam

Re: Monadelphous awarded $60 million facilities management contract for Gorgon Project

Please find attached a copy of the media release to be issued today by Monadelphous Group Limited.

Yours sincerely

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PHILIP TRUEMAN Company Secretary

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ASX MEDIA RELEASE 19 November 2009

MONADELPHOUS AWARDED $60 MILLION FACILITIES MANAGEMENT CONTRACT FOR GORGON PROJECT

Perth: Leading Australian engineering company Monadelphous Group Limited (ASX: MND) (“Monadelphous” or “the company”) today announced that it has secured a $AUD60 million facilities management services contract associated with the construction of the Gorgon Project on Barrow Island in Western Australia.

The initial term of the contract is for three years, with the option for two further one-year extensions. Commencement on site is scheduled for February 2010.

Monadelphous, through their Maintenance and Industrial Services division, will provide management, operation and maintenance of construction facilities and utilities for the Gorgon Project.

The scope of services includes operating and maintaining the water and waste water treatment plants and the power generation and distribution systems as well as management and maintenance of the accommodation facilities and various buildings, vehicles, plant and equipment.

Commenting on the new contract, Monadelphous Managing Director Rob Velletri said, “This win reinforces our capability as a successful supplier of facility management and maintenance services on Barrow Island.”

“Monadelphous has a long track record of service on the island, having successfully provided multi-disciplinary maintenance and capital works services on Barrow Island since 2001”, said Mr Velletri.

The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), ExxonMobil and Shell, to develop the Greater Gorgon gas fields, located between 130km and 200km off the north-west coast of Western Australia. The Greater Gorgon gas fields contain resources of about 40 trillion cubic feet of gas, Australia’s largest-known gas resource.

– ENDS –

FURTHER INFORMATION:

FURTHER INFORMATION:
Analysts/Investors:David Loch Media:David Tasker
Investor Relations Manager Group Director
Monadelphous Group Limited PPR
+61 8 9315 7429 +61 8 9388 0944
+61 411 144 787 +61 433 112 936
[email protected] [email protected]

ABOUT MONADELPHOUS

Monadelphous Group Limited is a leading Australian engineering group providing services to the resources, energy and infrastructure industry sectors. The Company has a solid track record in the safe and effective delivery of complex and large-scale engineering construction projects and maintenance and industrial services for industry throughout Australia. Monadelphous’ capabilities encompasses civil, mechanical, structural and electrical disciplines. Although the mining sector has been the major focus of Monadelphous’ work, the Company is becoming increasingly diversified with growing involvement in the energy and infrastructure sectors. For more information or to join our free email alerts service visit: www.monadelphous.com.au

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