Seymour Whyte : Response to Media Speculation

Seymour Whyte Limited ACN 105 493 203

ASX Announcement 28 August 2017 RESPONSE TO MEDIA SPECULATION

Seymour Whyte Limited (ASX:SWL) ('Seymour Whyte' or 'the Company') is aware of media reports today regarding Ostwald Bros Pty Ltd ('Ostwald Bros') entering into voluntary administration.

Ostwald Bros Pty Ltd was a sub-contractor to Seymour Whyte Constructions on its early works contract for the Glenugie to Tyndale section of the Woolgoolga to Ballina Pacific Highway upgrade, and is a joint venture partner on the recently awarded Main Civil Works contract for the same upgrade (announced 14 August 2017).

Seymour Whyte is currently in discussions with Roads and Maritime Services and Ostwald Bros regarding today's development, and working with the affected sub-contractors of Ostwald Bros.

Seymour Whyte values the strong working relationships it has with its suppliers and sub-contractors. The Company has consistently met its obligations to suppliers and sub-contractors and ensured all entitlements are duly disbursed.

Seymour Whyte will continue to update the market in line with its continuous disclosure obligations.

ENDS

Further information: Vivian Lim - Group Communications Manager, 0434 306 131 [e-mail]

Note to editors: Seymour Whyte Limited is an ASX-listed company providing civil and utilities infrastructure services across Australia. Seymour Whyte Limited is the holding company of Seymour Whyte Constructions Pty Ltd and Rob Carr Pty Ltd.

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