Appointment of Martin Smith as Chief Executive Officer

MDM Engineering Limited ("MDM" or the "Company") is pleased to announce the appointment of Martin Smith as the Company's new Chief Executive Officer. Martin (45) has more than 20 years of experience in the mining and engineering industry having previously held directorship positions in Grinaker-LTA and most recently as Managing Director, Sub-Saharan Region for Bateman Engineering Limited ("Bateman").

Martin began his career with Sasol Limited as a bursary holder. After 14 years, he moved to Grinaker-LTA Construction, the South African based mining and engineering group, where, between 1995 and 2007, he was involved in the engineering, construction and commissioning of the Saldanha Steel plant in the Cape Province along with a range of major mining projects across Mozambique, Zambia, Botswana and Namibia. His last position with Grinaker-LTA was that of Managing Director, Metals and Minerals Business Unit.

Martin is registered as a Professional Engineer with the Engineering Council of South Africa and as a Certified Electrical Engineer (both registrations 1995).

Martin completed the CII Executive Leadership Course at the McCombs School of Business, University of Texas (Austin) in 2008 He graduated with a B.Eng. from the University of Pretoria in 1987.

MDM's Chairman, Bill Nairn, stated, "I am delighted to welcome Martin on board and have no doubt that with his considerable experience and enthusiasm, he will add tremendous value and continue to lead MDM along the growth path we have set."

Martin Smith stated, "I am very excited about joining MDM Engineering and looking forward to leading and growing the Company in this exciting new chapter of its existence."

During the last five years Martin has been, a director of the following companies:

-      Bateman Projects Limited, RSA (resigned);

-      Bateman Africa Limited, RSA (resigned);

-      Edison Jehama Power (Pty) Limited, RSA (resigned);

-      Misa Scaffolding (Pty) Limited, RSA (resigned); and

-      Grunwald Construction Limited, Botswana (resigned).

Other than as provided above, the directors of MDM confirm that no further information as required under Schedule Two, Annex III, paragraph (g) of the AIM Rules for Companies is disclosable under this announcement.

For further information please contact:

MDM Engineering Group Limited

Tel: + 27 11 993 4300

Grant Lowman

George Bennett

Numis Securities Limited

Tel: + 44 (0) 20 7260 1000

John Harrison (Nominated Adviser)  

James Black (Corporate Broker)