SRG GLOBAL LIMITED — Capital/Financing Update 2012

Apr 2, 2012

==> picture [336 x 145] intentionally omitted <==

----- Start of picture text ----- 3 April 2012----- End of picture text -----

Dividend Reinvestment Plan

Construction services group Global Construction Services Limited (ASX: GCS, “GCS Group”) is pleased to announce that applying the Dividend Reinvestment Plan ( DRP ) to its interim dividend has resulted in the issue of 164,113 shares.

Shares were allotted on 2 April 2012 under the DRP at $1.31 per share, reflecting the volume weighted average price of GCS stock in the five days up to and including the record date of 13 March 2011.

The Appendix 3B disclosure relating to the allotment is attached.

GCS applied the DRP to the interim dividend to provide existing shareholders with the opportunity to reinvest all, or a portion of their dividend in GCS shares at a discount to the prevailing market price with no associated transaction fees.

-ENDS-

About GCS Group

GCS Group (ASX: GCS) is an Australian construction and maintenance services company that offers a diverse range of integrated products and services covering the Infrastructure; Energy; Oil and Gas; Resources and Industrial; Commercial; and Residential sectors.

We provide high quality and reliable services to a growing range of clients including:

• Specialised workforce and site services

• Scaffold and access solutions

• Shutdown and maintenance support

• Plant and equipment

• Formwork and concreting

• Site accommodation and maintenance

Our strength lies in providing integrated services for large and sophisticated projects to major construction and maintenance companies. We also have extensive experience providing specialised services to smaller building projects; equipment hire and sales; and services such as estimating, design, engineering, labour and transport. Our experience and expertise means GCS is a trusted and capable partner.

Our dedicated management team has extensive knowledge in the construction and maintenance industries and is supported by highly trained and professional staff.

==> picture [170 x 842] intentionally omitted <==

==> picture [337 x 95] intentionally omitted <==

GCS Group’s strategy for growth is to focus primarily on servicing the West Australian construction, oil and gas and mining services sectors.

In addition to this, the Company intends to explore opportunities in new markets, diversify into related industry sectors and acquire selected new businesses that create value for shareholders.

Further Information

Enzo Gullotti Group Managing Director

+61 8 9479 7990

==> picture [170 x 841] intentionally omitted <==

Appendix 3B New issue announcement

Rule 2.7, 3.10.3, 3.10.4, 3.10.5

APPENDIX 3B

New issue announcement, application for quotation of additional securities and agreement

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 1/7/96. Origin: Appendix 5. Amended 1/7/98, 1/9/99, 1/7/2000, 30/9/2001, 11/3/2002, 1/1/2003.

==> picture [154 x 99] intentionally omitted <==

GLOBAL CONSTRUCTION SERVICES LIMITED ACN 104 662 259

We (the entity) give ASX the following information.

Part 1 - All issues

You must complete the relevant sections (attach sheets if there is not enough space).

1+Class of+securities issued or to beissued2Number of+securities issued or to beissued (if known) or maximum numberwhich may be issued3Principal terms of the+securities (eg, ifoptions, exercise price and expiry date; ifpartlypaid+securities,theamountoutstanding and due dates for payment; if+convertible securities, the conversionprice and dates for conversion)	Fully Paid Ordinary Shares
	164,113
	N/A

• See ASX LR chapter 19 for defined terms.

Do the[+] securities rank equally in all respects from the date of allotment with an existing[+] class of quoted[+] securities?

If the additional securities do not rank equally, please state:

• the date from which they do

• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

• 5 Issue price or consideration

• 6 Purpose of the issue (If issued as consideration for the acquisition of assets, clearly identify those assets)

• 7 Dates of entering +securities into uncertificated holdings or despatch of certificates

• 8 Number and[+] class of all[+] securities quoted on ASX ( including the securities in clause 2 if applicable)

• 9 Number and[+] class of all[+] securities not quoted on ASX ( including the securities in clause 2 if applicable)

• 10 Dividend policy (in the case of a trust, distribution policy) on the increased capital (interests)

Yes
$1.31 per share
Shares issued to shareholders participating inthe Dividend Reinvestment Plans
2 April 2012
Number	+Class
116,374,741	Ordinary F/P shares
Number	+Class
915,000	Unlisted Employee Options

• See ASX LR chapter 19 for defined terms.

Part 2 - Bonus issue or pro rata issue

11Issecurityholderapprovalrequired?12Is the issue renounceable or non-renounceable?13Ratio in which the+securities willbe offered14+Class of+securities to which theoffer relates15+Recorddatetodetermineentitlements16Will holdings on different registers(or subregisters) be aggregated forcalculating entitlements?17Policy for deciding entitlements inrelation to fractions18Names of countries in which theentity has+security holders whowillnotbesentnewissuedocumentsNote: Security holders must be told how theirentitlements are to be dealt with.Cross reference: rule 7.7.19Closingdateforreceiptofacceptances or renunciations20Names of any underwriters21Amount of any underwriting fee orcommission22Names of any brokers to the issue23Fee or commission payable to thebroker to the issue24Amountofanyhandlingfeepayable to brokers who lodgeacceptances or renunciations onbehalf of+security holders25If the issue is contingent on+security holders’ approval, the dateof the meeting	NA

• See ASX LR chapter 19 for defined terms.

26	Date entitlement and acceptance
	form and prospectus or Product
	Disclosure Statement will be sent to
	persons entitled
27	If the entity has issued options, and
	the terms entitle option holders to
	participate on exercise, the date on
	which notices will be sent to option
	holders
28	Date rights trading will begin (if
	applicable)
29	Date rights trading will end (if
	applicable)
30	How do+security holders sell their
	entitlements_in full_through a
	broker?
31	How do+security holders sell_part_
	of their entitlements through a
	broker and accept for the balance?
32	How do+security holders dispose
	of their entitlements (except by sale
	through a broker)?
33	+Despatch date

• See ASX LR chapter 19 for defined terms.

Part 3 - Quotation of securities

You need only complete this section if you are applying for quotation of securities

• 34 Type of securities ( tick one )

• (a)[Securities described in Part 1 ]

• (b)[All other securities ]

Example: restricted securities at the end of the escrowed period, partly paid securities that become fully paid, employee incentive share securities when restriction ends, securities issued on expiry or conversion of convertible securities

Entities that have ticked box 34(a)

Additional securities forming a new class of securities

Tick to indicate you are providing the information or documents

• 35[If the ] +securities, and the number and percentage of additional[+][securities are ][+][equity securities, the names of the 20 largest holders of the additional ] +securities held by those holders

• 36[If the ][+][securities are ][+][equity securities, a distribution schedule of the additional ][+][securities ] setting out the number of holders in the categories

  • 1 - 1,000

1,001 - 5,000

• 5,001 - 10,000

10,001 - 100,000

• 100,001 and over

• 37[A copy of any trust deed for the additional ][+][securities ]

Entities that have ticked box 34(b)

• 38 Number of securities for which[+] quotation is sought

• 39 Class of[+] securities for which quotation is sought

• 40 Do the[+] securities rank equally in all respects from the date of allotment with an existing +class of quoted +securities?

If the additional securities do not rank equally, please state:

• the date from which they do

• the extent to which they participate for the next dividend, (in the case of a trust, distribution) or interest payment

• the extent to which they do not rank equally, other than in relation to the next dividend, distribution or interest payment

• See ASX LR chapter 19 for defined terms.

41 Reason for request for quotation now Example: In the case of restricted securities, end of restriction period

(if issued upon conversion of another security, clearly identify that other security)

Number +Class

• 42 Number and[+] class of all[+] securities quoted on ASX ( including the securities in clause 38)

Quotation agreement

• 1 +Quotation of our additional +securities is in ASX’s absolute discretion. ASX may quote the[+] securities on any conditions it decides.

• 2 We warrant the following to ASX.

  • The issue of the[+] securities to be quoted complies with the law and is not for an illegal purpose.

  • There is no reason why those[+] securities should not be granted[+] quotation.

  • An offer of the[+] securities for sale within 12 months after their issue will not require disclosure under section 707(3) or section 1012C(6) of the Corporations Act.

    • Note: An entity may need to obtain appropriate warranties from subscribers for the securities in order to be able to give this warranty

  • Section 724 or section 1016E of the Corporations Act does not apply to any applications received by us in relation to any[+] securities to be quoted and that noone has any right to return any[+] securities to be quoted under sections 737, 738 or 1016F of the Corporations Act at the time that we request that the[+] securities be quoted.

  • We warrant that if confirmation is required under section 1017F of the Corporations Act in relation to the[+] securities to be quoted, it has been provided at the time that we request that the[+] securities be quoted.

  • If we are a trust, we warrant that no person has the right to return the[+] securities to be quoted under section 1019B of the Corporations Act at the time that we request that the[+] securities be quoted.

• 3 We will indemnify ASX to the fullest extent permitted by law in respect of any claim, action or expense arising from or connected with any breach of the warranties in this agreement.

• 4 We give ASX the information and documents required by this form. If any information or document not available now, will give it to ASX before[+] quotation of the[+] securities begins. We acknowledge that ASX is relying on the information and documents. We warrant that they are (will be) true and complete.

==> picture [60 x 33] intentionally omitted <==

VINCE GERASOLO Company Secretary

3 April 2012

• See ASX LR chapter 19 for defined terms.