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WDS Ltd, CSG Contract Roll-Over and Third Quarterly Dividend

Sydney, 23 May 2014: WDS Limited (“WDS”) is celebrating eleven years of service delivery to Santos Limited with the roll-over of the Construction Services Agreement for the GLNG Project for works to be carried out in the Roma, Fairview and Arcadia fields for a further year.
 
WDS’ Energy Division will be a Principal Contractor to the GLNG Project and will carry out field installation of gathering systems for the connection of Coal Seam Gas (CSG) wells in GLNG’s Surat Basin gas fields. WDS’ work scope is multi-disciplined and will include civil, mechanical, electrical and instrumentation aspects of the management and construction of field and trunk pipelines and CSG wellhead connections.
 
Third Quarterly Dividend
 
WDS is also pleased to announce the Board has declared a third quarterly dividend, in line with the new dividend policy announced in August 2013, of 2 cents per share. The dividend will be paid on 25 June 2014 to shareholders on the register at 6 June 2014. The Dividend Reinvestment Plan (DRP) will not operate for this dividend payment.
 
 
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