SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2011

Apr 19, 2011

==> picture [299 x 68] intentionally omitted <==

SOUTHERN CROSS ELECTRICAL ENGINEERING LIMITED

19 April 2011

The Manager

Company Announcements Office Australian Stock Exchange Limited Level 4, Stock Exchange Centre 20 Bridge Street SYDNEY NSW 2000

ELECTRONIC LODGEMENT

Dear Sir or Madam

Southern Cross Electrical Engineering Ltd (ASX:SXE) wishes to advise the cancellation of the following unlisted employee options:

• 166,666 options exercisable at $1.15 by 28 November 2014; and

• 166,666 options exercisable at $1.15 by 4 March 2015.

‐ENDS‐

For further information please contact:

Stephen Fewster

Chief Financial Officer

Southern Cross Electrical Engineering Limited

Telephone: +618 9410 1833

Email: stevef@scee.com.au