Maca : Contract Update (1 pages)

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ANNOUNCEMENT 14th April 2015 45 Division Street, Welshpool WA 6106

PO Box 625 Welshpool DC WA 6986

P: [phone] | F: [phone] | E: [e-mail]

Bluehills Mining Contract and Earnings Update Sinosteel suspends mining operations and terminates contract

MACA Limited (ASX:MLD) announces that its client Sinosteel Midwest Corporation Limited (SMC) will suspend mining operations at the Bluehills mining operation around mid May 2015.
As a result, the contract with MACA will be terminated. The Bluehills project was due for completion in
October and both mining and crushing services generated approximately $3.5 million revenue per month.

Earnings Update

As a consequence of the suspension MACA advises that its full year revenue guidance for the 2015 financial year will remain approximately $600 million. MACA advises its work in hand position will reduce by approximately $30 million.
Whilst this lower revenue expectation will impact on the earnings outlook, MACA nevertheless reiterates its guidance that it anticipates net profit after tax for the 2015 financial year will exceed the $55.4 million which was achieved in FY2014.
For further information please contact:

Chris Tuckwell Peter Gilford Managing Director Company Secretary MACA Limited MACA Limited
[phone] (08) 6242 2600

About MACA: MACA Limited is a mining, crushing and civil contractor with major projects throughout Western Australia and Brazil. Employing more than 1000 people, MACA offers a full range of surface mining and crushing services, and civil infrastructure services.

Visit www.maca.net.au for more information