SDM, page-5

Todays announcements are pleasing for shareholders imo.
1. 3 year contract extension at the Fields Agnew Gold Mine worth around $23 million
2. Renewal of its CHPP operations contract with QCoal Group for a further three years until December 2017 at the Sonoma Mine in the Bowen Basin, Queensland with an expected revenue of $70 million over the contract term.
3. That is a total of an additional $100 million in revenues
4. They are “.....seeing an increasing number of operations and operations consulting opportunities emerge as clients look for ways to further optimise their operations and increase the Value in Use of their existing assets.”
5. Chief Executive Officer and Managing Director Peter Watson is delighted to continue the strong and enduring relationship with QCoal. “This latest renewal is a clear demonstration of the value that Sedgman’s business model offers clients from concept study through delivery to ongoing operations.

These announcemets are highly significant in what has and continues to be a challenging and competitive market place. Moving forwards these additional revenue streams will place SDM in a strong financial position.

Best Wishes to shareholders
GF