Maca : Preferred Contractor - Gruyere Bulk Earthworks (1 pages)

MARKET

ANNOUNCEMENT

3rd April 2017

45 Division St Welshpool WA 6106 PO Box 625 Welshpool DC WA 6986

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

Preferred Contractor Status - Gruyere Joint Venture Bulk Earthworks

MACA Limited ('MACA') (ASX: MLD) is pleased to advise that it has been confirmed as preferred contractor for the bulk earthworks package for the Gruyere Joint Venture. The Gruyere project is a joint venture between Gold Road Resources Limited and Gold Fields Limited. Final contract award is anticipated in April upon finalisation of detailed management and mobilisation plans.

The project is expected to commence before the end of the financial year and will consist of access road, airstrip and process plant earthworks for the first 6 months followed by construction of the tailings storage facility (TSF), mine stripping and run-of-mine (ROM) pad. The duration of the project for MACA is expected to be 15 months and at its peak the bulk earthworks project will employ in excess of 150 personnel.

MACA Operations Director Geoff Baker said "The Gruyere project is on the back of several minor civil works awards in Victoria and will help underpin the Civil business into the next financial year. Work in Hand in the Civil and Infrastructure Division for FY18 will be in excess of $60M upon contract award".

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 in South America. Employing more than 1000 people, MACA offers a full range of surface mining and crushing services, and civil infrastructure services.