MDM Mdm Engin.

TIDMMDM

RNS Number : 9043R

MDM Engineering Group Ltd

01 November 2013

MDM Engineering Group Limited

("MDM" or the "Company")

MDM Trading Statement

MDM Engineering Group Limited (AIM: MDM), the minerals process and project management company focused on the mining industry, is pleased to advise that following the end of the first half of MDM's financial year (the six months period to 30 September 2013) the Company anticipates that results for the financial year ended 31 March 2014 will be in line with current market expectations.

As indicated in the 2013 Annual Report, MDM continues to have another successful year despite the somewhat difficult market backdrop. We continue to see new awards in both studies and projects that have been granted to the Company.

These new awards, together with those studies and execution projects that have carried over from the previous financial year, have helped see the Company continue on its profitability in the first half of 2013. The Company therefore anticipates that its results for the 2013 financial year will be in line with current market expectations. The Company intends to announce its interim results on 4 December 2013.

Enquiries:

MDM Engineering Group Limited

   Martin Smith (CEO)                                Tel:  +27 11 993-4300 

George Bennett (Executive Director)

   Canaccord Genuity Limited                   Tel: +44 (0)20 7523 8000 

Neil Elliot/ Chris Fincken / Joe Weaving

   Tavistock Communications                   Tel: +44 (0) 207 920 3150 

Jos Simson / Emily Fenton

KEY INFORMATION:

MDM:

MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company's clients have largely been junior and mid-tier mining corporations with operations in Africa.

The MDM Engineering core technical team has a 25 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.

The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, and Construction Management "EPCM" or "cost-plus" basis and on a Engineering, Procurement and Construct (EPC) basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.

www.mdm-engineering.com

Provided by:

Vanessa Evans

MDM Marketing & PR Manager

Vanessa@mdm-engineering.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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