MDM Engineering Group Ltd Interim Dividend Exchange rate (7246V)

TIDMMDM

RNS Number : 7246V

MDM Engineering Group Ltd

17 December 2013

MDM Engineering Group Limited

("MDM" or the "Company")

Interim Dividend Exchange rate

In the announcement by MDM (AIM:MDM) of its results for the half year ended 30 September 2013 published on 4 December 2013, the Company declared an interim dividend of US$ 8.00 cents per share, which includes a special dividend of US$ 3.65 cents per share. For those shareholders of the Company who have elected to receive their dividend in Pounds sterling, as opposed to US dollars, an exchange rate of US$1.6296 to GBGBP1 will be used for the conversion. This is the exchange rate as of Friday, 13 December 2013 and will result in a dividend payment of 4.91 pence per share.

The record date for the dividend was 13 December 2013 with an ex-dividend date 11 December 2013 and payment is expected on 22 January 2014.

Enquiries:

MDM Engineering Group Limited

Martin Smith (CEO)

George Bennett (Executive Director)

Tel: [phone]

Canaccord Genuity Limited

NOMAD and Broker

Neil Elliot

Chris Fincken

Joe Weaving

Tel: [phone]

Tavistock Communications

Financial Public Relations and Investor

Emily Fenton

Jos Simson

Tel: [phone]

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.

For more information, please visit www.mdm-engineering.com

This information is provided by RNS

The company news service from the London Stock Exchange

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