8 January 2013

ASX Media Release Ausenco wins contract to manage project portfolio for Newcrest

Ausenco Limited (ASX: AAX) today announced it had secured an initial three-year contract to manage a portfolio of projects at Newcrest Mining Limited's (ASX: NCM) Lihir gold operation in Papua New Guinea (PNG).
Ausenco will provide project delivery services to support ongoing capital projects, with the services delivered under an EPCM contract working closely with the Newcrest team.
Ausenco CEO Zimi Meka said the contract was testament to Ausenco's long and successful relationship with Newcrest, which had developed through working together on projects over the past seven years.
"Growing our levels of recurring revenue is a strategic priority for the business and this contract will add significantly to our sustainable earnings base over the next three years", Mr Meka said.
"This contract involves Ausenco delivering services across a number of phases of the project and reflects the strength and diversity of our comprehensive solution offering."
Newcrest's Lihir operation is located on Niolam Island, the largest island in the Lihir group of islands, in PNG's New Ireland Province. The gold deposit at Lihir is one of the largest known gold deposits in the world and has produced more than nine million ounces of gold since operations commenced in 1997.
-ENDS-
Further information contact:
Zimi Meka Craig Allen
Chief Executive Officer Chief Financial Officer
Ausenco Limited Ausenco Limited
T: (07) 3169 7000 T: (07) 3169 7000

About Ausenco

Ausenco is a global, diversified engineering and project management company providing services in Minerals & Metals, Process Infrastructure, Program Management, Environment & Sustainability and Energy. 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 focused on sector, solution and geographic expansion. We operate from 30 offices in 19 countries.

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