MARKET

ANNOUNCEMENT

28th June 2016

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

P: (08) 6242 2600 | F: (08) 6242 2677 | E: [email protected]

MACA preferred contractor for Blackham Resources Matilda Gold open pit

mining contract

MACA Limited ('MACA') (ASX: MLD) is pleased to advise it has been confirmed as preferred tenderer for Blackham Resources Limited ('Blackham') (ASX: BLK) in relation to Open Pit Mining services at its Matilda Gold project in the Wiluna area.

The project will consist of open pit mining services including drilling and blasting, and loading and hauling. The duration of the project is expected to be 32 months and generate approximately

$115 million in revenue. At its peak the project will employ in excess of 100 personnel. The project will require some new equipment and utilise the majority of MACA's otherwise idle mobile plant and equipment. Mobilisation to site is already underway, with mining operations to commence as soon as practicable.

MACA Operations Director Geoff Baker said "We are delighted to have been selected preferred contractor and look forward to developing a long term working relationship with the Blackham team at the Matilda project".

The award of the Matlida Gold project will result in our Work in Hand position at 30 June 2016 being approximately $1.1 billion.

For further information please contact

Chris Tuckwell Peter Gilford

Managing Director Company Secretary

MACA Limited MACA Limited

(08) 6242 2600 (08) 6242 2600

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