SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2011

Mar 21, 2011

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SOUTHERN CROSS ELECTRICAL ENGINEERING LIMITED

ASX RELEASE

22 March 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,

SXE WINS HV ELECTRICAL WORKS AND OVERHEAD POWER LINE CONTRACT

Southern Cross Electrical Engineering Ltd (ASX:SXE) is pleased to advise that its specialist power line construction business K.J Johnson & Co has received a notification of award for the HV cabling and overhead power line contract at BHP Billiton Iron Ore’s Mining Area C.

The combination of this award and the expansion of scope on existing projects increases SXE’s current forward order book from $55 million to approximately $65 million. Work on this project is expected to commence in April and run for approximately six months.

SXE’s Managing Director, Simon High said “We are very pleased that our relationship with BHP Billiton Iron Ore has expanded over the last 12 months and look forward to building on this over the life of this project.”

-ENDS-

For further information please contact:

Simon High Stephen Fewster Managing Director/CEO Chief Financial Officer Southern Cross Electrical Engineering Limited Southern Cross Electrical Engineering Limited Telephone: +618 9410 1833 Telephone: +618 9410 1833 Email: simon.high@scee.com.au Email: stevef@scee.com.au