PO Box 761, Sanctuary Cove, Queensland 4212, Aus

(+61) 1300 381 873

CONTRACT AWARDS IN PNG

As part of GENSRV LIMITED's expansion in to PNG and as a result of the many months of work developing the group in PNG. The management team are pleased to announce that GenSrv Limited has been selected to provide operation, maintenance and asset services at two of PNG Power's gas turbine sites "Moitaka" and "LAE". The Moitaka site hosts an IHI Supplied GE LM2500 gas turbine and support equipment whilst the LAE site hosts a recently commissioned GE TM 2500 gas turbine and auxiliary equipment.

The team from Gensrv Limited PNG will provide a number of services to PNG Power ranging from competency based training to PNG Power staff, asset management and maintenance system development through "Maintenance Experts" MEX Software, to general fault and upgrade maintenance works including mechanical, electrical and process.

Gensrv Limited has invested significantly in smart systems for PNG to ensure cost effective KPI driven asset management and performance enhancement. Through our cloud based systems the operation and maintenance of such assets becomes open and transparent to the client. We thank PNG Power for their continued support of the group and driving to develop their teams.