contractor appointed for stage iii

Ausenco appointed as preferred contractor for Kinsevere Stage II Copper Project

Global mining and mineral engineering services provider Ausenco Limited (ASX: AAX) today announced that it has been appointed as preferred contractor to deliver the Kinsevere Stage II Copper Project. Kinsevere, located 27 km north of Lubumbashi, the provincial capital of the Kantanga province in the Democratic Republic of Congo (DRC) is majority owned and
operated by the Australian based mining company, Anvil Mining Limited (ASX, TSX: AVM).

The US$238 million project, expected to be commissioned in mid 2009, will be delivered on
an engineering, procurement and construction management (EPCM) reimbursable basis,
with fee.

Managing Director Zimi Meka said “I am delighted that Anvil has chosen Ausenco to deliver one of its key projects. The region is one of the world’s most exciting and prospective copper areas with up to US$6 billion of new projects being considered. Kinsevere is amongst the
first of many such projects underway, and with Ausenco also working on the Lumwana Copper Project only 100km from Kinsevere we are very familiar with working in the region.”

Mr Meka continued "Together with our announcement last week of our award as preferred contractor for the Ridgeway Deeps project (Newcrest Mining), undertaking a project such as Kinsevere positions Ausenco for dynamic and sustainable growth well into 2009.

The Kinsevere project extends Ausenco’s order book to US$2.7 billion, across a range of projects in Africa, Asia, the Americas and Australia.”

Ausenco has extensive experience in copper projects internationally and in particular in Africa where the company has successfully delivered numerous projects.