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GRD Minproc contract awarded

26th Jun 2007 07:00

Albidon Limited26 June 2007 Level 1 62 Colin St West Perth 6005ALBIDON LTD Western Australia ARBN 107 288 755 Tel:x+61x8x9211 4600 Fax:x +61x8x9211 4699 Email: [email protected] ASX Code: ALB AIM Code: ALD 26 June 2007 Market release via electronic lodgement GRD MINPROC AWARDED PROCUREMENT AND CONSTRUCTION MANAGEMENT Please see below a copy of an announcement lodged by GRD Minproc today. By order of the BoardAlbidon Limited If you have any queries please contact the CFO, Nicholas Day on +61 8 9211 4600. Albidon's nominated adviser is RFC Corporate Finance Ltd, contact Stephen Allen+61 8 94802500. 26 June 2007 GRD Minproc awarded contract for Munali Nickel Project Leading international engineer GRD Minproc continues to expand its portfolio ofAfrican work with the US$100m Munali Nickel Project in Zambia. GRD Minproc, the engineering arm of GRD Limited, has been awarded theprocurement and construction management contract by Albidon Limited. "Through the Munali Nickel Project we will help Albidon make the transition fromexplorer to miner," GRD Limited Chief Executive Cliff Lawrenson commented fromJohannesburg. Munali is located 60 kilometres south of the Zambian capital Lusaka and willproduce an estimated 8,500 tonnes of nickel in concentrate per annum. As part of the contract, GRD Minproc will deliver a greenfields nickelconcentrator with associated infrastructure. "Our return to Zambia following the award winning Kansanshi project comes as wealso undertake work on copper/cobalt, uranium and gold projects in theDemocratic Republic of Congo, Namibia and Mali," Mr Lawrenson said. ENDS For further information contact: Mr Cliff Lawrenson, Chief Executive, GRD, Tel+61 8 9278 1888 Mr Casey Cahill, Group Manager Corporate Affairs, GRD, Tel +618 9278 1888 This information is provided by RNS The company news service from the London Stock Exchange

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