Ausenco : CFO change

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21 June 2016

ASX Media Release Ausenco CFO change

Ausenco Limited (ASX:AAX) today advised its Chief Financial Officer, Mr Craig Allen, will leave the organisation on 1 September 2016 after 12 years with the company.

With the Scheme of Arrangement (Scheme) with Resource Capital Fund VI L.P. now progressing and the anticipated subsequent privatisation of Ausenco (subject to the Scheme's conditions and shareholder approval), the Board had agreed Mr Allen's tenure with the company would conclude at this time.

The Board would like to take this opportunity to express its sincere appreciation to Mr Allen for his leadership, dedication and invaluable contribution to the company during his tenure as both CFO and Company Secretary.

A global search to recruit a new CFO will commence immediately.

Effective immediately Ms Linda Cochrane, currently Group Finance Manager, will take over the CFO responsibilities on an interim basis until a replacement is appointed.

ENDS

Further information contact:

Mr George Lloyd Chairman Ausenco Limited T: [phone]

Mr Patrick O'Connor Company Secretary Ausenco Limited T: [phone]

About Ausenco

Ausenco is a global diversified engineering, construction and project management company providing services in Minerals & Metals, Process Infrastructure, Program Management, Environment & Sustainability and Oil & Gas. We deliver new and better ways to add value to our clients' projects no matter how demanding and we deliver results in some of the world's most challenging environments. Listed on the ASX in 2006, our growth strategy is focussed on sector, solution and geographic expansion. We operate from 28 offices in 18 countries.

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