SRG GLOBAL LIMITED — Earnings Release 2012

Aug 30, 2012

==> picture [69 x 118] intentionally omitted <==

ASX MEDIA ANNOUNCEMENT 31 August 2012

GCS INCREASES FY12 UNDERLYING PROFIT BY 24%

• Underlying NPAT of $24.1m up 24%

• Reported NPAT of $22.8m up 17.5%

• Revenue up 46% to $212.2m

Construction services group Global Construction Services Limited (ASX: GCS, “GCS Group”) today announced an increase in underlying earnings of 24% to $24.1m for the year ended 30 June 2012.

The group reported a statutory NPAT of $22.8m for FY12 up 17.5% on FY11 NPAT of $19.4m

GCS Groups two main operating divisions servicing the Commercial, Resource, Industrial, and Energy sectors experienced continued increased activity and uptake of its products and services.

Full year revenue of $212m (up 46% on FY11 $145m) was driven by significant contributions from GCS Groups expanded Plant Hire business, solid advancements on projects by the Contracting Division and above forecast expectations in the labour hire business Global Industrial Services (Aust) Pty Ltd.

GCS Group EBITDA for the period was $50.4m (up 33% on FY11 of $38.0m).

Earnings per share were 19.7 cents compared with 20.8 cents in the corresponding period FY11.

Given the Group is experiencing increasing demand for Plant and Equipment in supporting the growing needs of the Resource, Industrial and Energy sectors and has applied significant capital to this area, the Board has determined not to pay a full year dividend.

GCS Group Chairman Peter Wade said, “The Board is satisfied with GCS Group’s positive results and performance, particularly as the group has faced delays on various projects, increased competition and challenging trading conditions in some sectors. This result is in line with the market’s expectations and the execution of the Board’s strategy”

The Commercial Division’s progress on key contracting projects was on target. GCS Group’s labour hire subsidiary performed above expectations in the period.

The Residential Division continues to operate in a depressed market. Trading conditions remain tough and are expected to remain so in this sector for the 2013 year with expectations of an increase in demand filtering through in 2014.

The Resource and Industrial Division continues to be the fastest growing division of the Group. The opening of a new Plant Hire branch in Port Hedland and a soon to be opened branch in Karratha complement the expanded product offering and are integral pieces in the expansion of the GCS Industrial Services division in the Northwest.

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

==> picture [69 x 118] intentionally omitted <==

“The GCS Group is fielding a significant level of enquiry for its products and services across its key businesses. There is a substantial investment pipeline in Western Australia in the Commercial, Resource and Industrial and Energy sectors totalling $267 billion, this includes $7.6billion to be spent by the State government in the FY13 financial year. We have undertaken a sizeable capital investment program over the last two years to ensure GCS captures the benefits of this investment in the coming periods.” said GCS Group Managing Director Mr Enzo Gullotti.

-ENDS-

About GCS Group

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

GCS Group’s strategy for growth is to continue to capitalise on opportunities in the sectors it currently services, explore new markets and products, diversify into related industry sectors and acquire selected new businesses that create value for shareholders.

Further Information contact:

Mr Enzo Gullotti

Group, Managing Director

Ph: +61 8 9479 7990 Or visit : http://www.gcs-group.com.au

==> picture [170 x 843] intentionally omitted <==