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Response to Media Speculation

Monadelphous Group Limited (ASX: MND) (“Monadelphous” or “the Company”) notes the media
speculation overnight regarding an acquisition of a civil engineering company.

In response to these reports, and consistent with statements made in the Company’s Half Year
reporting in February 2017, Monadelphous continues to pursue opportunities to further diversify its
revenues. This may include investment in new businesses or acquisitions where considered

The Company is not currently pursuing any acquisitions to the value speculated in the media or that
are otherwise sufficiently advanced to warrant disclosure at this time.

The Company confirms that it is in compliance with ASX Listing Rule 3.1 (Continuous Disclosure).