Press releases

Wits Gold award

MDM dividend exchange rate update

17 December 2012

MDM Engineering Group Limited ("MDM" or the "Company") (AIM: MDM), the minerals process and project management company focused on the mining industry, is updating the market in relation to the dividend announced in its results for the half year ended 30 September 2012, published on 28 November 2012, around a declared interim dividend of US$ 8.00 cents per share.

For those shareholders of the Company who have elected to receive their dividend in Pounds sterling, as opposed to US dollars, an exchange rate of US$1.6031 to GB£1 will be used for the conversion.  This is the exchange rate as of Friday, 7 December 2012 and will result in a dividend payment of 4.99 pence per share.

The record date for the dividend was 7 December 2012 and payment is expected on 15 January 2013.


MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)
Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Canaccord Genuity Limited

Andrew Chubb / Sebastian Jones
Tel: +44 (0)20 7523 8350

Tavistock Communications Limited

Jos Simson / Emily Fenton
Tel: +44 (0)20 7920 3150

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