Press releases

Awarding of construction project contract

14 October 2008

MDM Engineering (AIM: MDM), the minerals process and project management group that provides services to the mining industry in Africa is pleased to announce it has been awarded the contract to refurbish and expand the Barbook Plant owned by Eastern Goldfields (NASDAQ:EGDD).

During the first phase of the project, MDM Engineering will assess the condition of the plant and evaluate which sections should be refurbished and which should be rebuilt.

The scope of the work will cover the design and supply of key sections of the processing facility including the crushing plants, recovery circuits, acid washing unit and the goldroom.

This is the third new contract to be awarded to MDM Engineering since it listed on the London Stock Exchange in May, 2008.

The MDM Engineering team has a 19 year track record of undertaking feasibility studies and designing and constructing metallurgical plants and associated infrastructure throughout Africa.

Grant Lowman, MDM Engineering CEO commented:

"We are extremely pleased to have been awarded the contract for the Barbrook Mine located near Barberton in a very well established mining district in South Africa. MDM Engineering now has five active execution projects underway as we continue to build our name as a market leader in the mining services industry. We look forward to working closely with Eastern Goldfields and building a strong working relationship with the company, as it looks to expand its operations in the region."


MDM Engineering Group Limited

Grant Lowman/George Bennett
Tel: +27 11 886 7981

Numis Securities Limited

John Harrison (Nominated Adviser)
James Black (Corporate Broker)
Tel: +44 (0) 20 7260 1000

Pelham Public Relations

Candice Sgroi
Tel: +44 020 7743 6376

James MacFarlane
Tel: +44 020 7743 6375

Key information

MDM Engineering Group Limited is a minerals process and project management company that provides services to the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning, to mining companies. To date, the Company's clients have largely been junior and mid-tier mining corporations with operations in Africa.

The Company was established in November 2006. In February 2007 the Group purchased out of liquidation certain of the intellectual property and fixed assets of MDM Ferroman (Pty) Limited ("MDMF"), a mining services company with an established track record of providing services to the African mining industry. The Company subsequently employed a number of the technical staff of MDMF, and implemented an approach to project execution based on a transparent, open-book Engineering, Procurement, Construction Management ("EPCM" or "cost-plus") basis. In May 2007, the Company successfully listed on the AIM market of the London Stock Exchange. The Company now has what the directors consider to be a strong portfolio of current studies and execution projects and a strong outlook of prospective work, which the directors believe provides the Company with an attractive and visible revenue stream to drive the Company's growth in the future.

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