SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2020

Nov 22, 2020

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Highlights

• SCEE awarded electrical and instrumentation works at Rio Tinto’s Gudai-Darri iron ore mine

• Contract valued at over $65m

Southern Cross Electrical Engineering Limited (“SCEE”) is pleased to announce that it has been awarded a contract valued at over $65 million by Rio Tinto for work at their new Gudai-Darri (formerly known as Koodaideri) iron ore mine located in the Pilbara region of Western Australia.

SCEE will perform the plant electrical and instrumentation works at the mine as part of the Gudai-Darri Phase 1 Project. Mobilisation for SCEE is scheduled to commence late in 2020 with completion planned for December 2021.

Comment

Commenting on the award, SCEE Managing Director Graeme Dunn said “We are pleased to secure this significant award with such a longstanding and valued client as Rio Tinto for whom we have undertaken many successful projects in the Pilbara. This further boosts our already strong order book and will provide a solid base of construction work in the resources sector into the 2022 financial year.”

Authorised for release by Graeme Dunn – SCEE Managing Director

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