SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2019

Aug 12, 2019

==> picture [165 x 79] intentionally omitted <==

Highlights

• Over $35m of projects won across the SCEE group

• Awards in the commercial, data centre and energy sectors

Southern Cross Electrical Engineering Limited (“SCEE”) is pleased to announce a number of new projects aggregating over $35m in the commercial, data centre and energy sectors.

Commercial

SCEE’s East Coast-based subsidiary Heyday has been awarded the following commercial projects:

• By Built Constructions at the Sandstone Precinct on Bridge Street, Sydney the design and construct of all electrical, communications, security audio visual, guest room automation and technology services for the adaptive reuse of the existing NSW Department of Education Building being developed by Pontiac Land. The project will see a conversion of the heritage-listed building into a 229-room hotel over a 21,000m²-floor area including the excavation and construction of three basement levels and the upgrade of external areas at Farrer Place.

• By Shape Group at 231 Elizabeth Street, Sydney the design and construct of the electrical, communications and security services for the complete base building upgrade and shell fitout of levels 1-15 for Charter Hall Holdings. The building is to be upgraded to current BCA, PCA A-grade and 5-star Greenstar requirements with additional provisions for the Property NSW Multi-Agency anchor tenant which has a commitment for over 21,000m² of the building.

• In the ACT, Heyday have secured from Cockram Constructions the residential Embark Apartments, which is the initial stage of three for the Northbourne West Redevelopment along the newly opened light rail corridor on Northbourne Avenue. This design and construct contract includes full electrical, communications and security services to 160 apartments and the refurbishment of the historically listed “Owens flats”.

Telecommunications and data centres

At Eastern Creek in Sydney’s western suburbs, Heyday have been awarded an additional scope of works at the RUData SYD53 data centre for the fitout of elements of the data-hall space as part of the first two stages of this project announced to the ASX on 20 May 2019.

Industrials, energy and utilities

EDL Agnew Pty Ltd (“EDL”) has awarded SCEE the Battery Energy Storage System (“BESS”) and the electrical

Southern Cross Electrical Engineering Limited

ABN 92 009 307 046

==> picture [596 x 49] intentionally omitted <==

balance of plant for the Agnew windfarm near Leinster in Western Australia. The works are part of the Agnew hybrid renewable energy project, with construction on site commencing this month.

Comment

Commenting on the awards, SCEE Managing Director Graeme Dunn said “I am pleased we continue to win such a wide and prestigious range of commercial work in Sydney and Canberra.”

Contact

SCEE Perth Office 41 Macedonia Street Naval Base WA 6165 T: +61 8 9236 8300

Graeme Dunn CEO & Managing Director E: graeme.dunn@scee.com.au

Colin Harper Company Secretary E: colin.harper@scee.com.au

Southern Cross Electrical Engineering Limited

ABN 92 009 307 046