Site International : signs another KSA training agreement

31 July 2017

Site signs another KSA training agreement

The Directors of Site Group International ("Site", ASX: SIT) are pleased to announce the signing of a third Training Services Agreement ("Agreement") with Al‐Ajmi Company ("Al‐Ajmi") to service the needs for the Saudi Aramco led Fadhili Gas Project in Eastern Province, Kingdom of Saudi Arabia.

This three‐year contract is worth circa USD$9.5M (AUD$12M) in revenue for Site over 3 years (around USD$3.15M annually) and will develop 1800 Saudi workers to meet the immediate needs of the Eastern Province - the largest oil and gas producing region of Saudi Arabia.

The Agreement is for delivery of technical training programs by subsidiary Site Skills Training for the new Nairiyah Construction Training College (NCTC) in Nairiyah, Eastern Province, Saudi Arabia. The competitive tender for the NCTC was won by the Consortium of Saudi national contractor Al‐Ajmi, Site and Canadian Petroleum Services (CPS) who will deliver the Foundation Program which includes English and soft skills with a special focus for Saudi youth.

The College will develop competent Saudi operators to meet the requirements of industry and assist with workforce nationalisation targets. The College and training programs are endorsed by Global Oil & Gas major Saudi Aramco with all graduates to be employed in the Fadhili Gas Plant. The training programs are for careers in electrical, instrumentation, pipefitting, welding, ironworks and carpentry trades.

Al‐Ajmi is a diversified Saudi company with projects in construction, real state and education in the Kingdom since 1980.

Dr Abdullah Al‐Ajmi, Managing Director of Al‐Ajmi commented, "This agreement further affirms Al‐ Ajmi's commitment to Saudization of workforces through the development of competent Saudi tradesmen building on the success of our training Institutes in Jazan Province supporting the Government's 2030 Vision."

Site's CEO and Managing Director Vernon Wills added, "The commitment Al‐Ajmi has for workforce nationalisation reflects Site's objectives for the development of national workforces that are competent and safe. This Agreement is evidence of Site's commitment to leading quality training across the Middle East. The Middle East is transforming it's workforce and economy through large workforce nationalisation programs, and at Site we see this as a growth area building on our successes in Australia and throughout the Asia and the Pacific," Mr Wills said. "We also thank our consortium partners Al‐Ajmi and CPS for the considerable goodwill and efforts."

The consortium is working towards further projects which are expected to be announced in the 17‐ 18 financial year. The NCTC contract in Nairiyah is in addition to contracts currently being delivered in Baish and Al Darb in Jazan for operator training.

‐‐‐ END ‐‐‐

Media and Investors Vernon Wills

Managing Director and CEO

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Craig Dawson

CFO

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Principal & Registered Office: Level 4, 488 Queen St, Brisbane QLD 4000

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ABN: 73 003 201 910 www.site.edu.au

About Site

Site Group International Limited ("Site") operates several businesses specialising in the delivery of education, training and labour services. Services are delivered to government, corporate and individual clients, predominately operating in energy, mining, construction, oil and gas and industrial sectors.

Site Group International Limited is an emerging company with a strategic business model pursuing earnings‐accretive growth based on previous acquisitions along with organic growth.

Wild Geese International

Site operate a Perth based specialist Oil and Gas Competency Development and Design consultancy business unit, out of Perth, and had been operating for ~15 years prior to joining Site.

An Australian Registered Training Organisation, Wild Geese have integrated in to Site's broader national and international service capability.

Site Skills Training

An Australian Registered Training Organisation, Site Skills Training delivers Accredited and Non‐Accredited High Risk Licence, Health and Safety and industry programs extensively throughout Australia and internationally. Site deliver ~25,000 short course programs in Australia each year including delivery of Apprenticeships and Traineeships, and VET in Schools programs.

Site Institute

Site Institute is an Australian Registered Training Organisation and International CRICOS education provider. Site Institute has students studying in Australia from countries including Argentina, Brazil, Chile, Colombia, Mexico, Peru and South Korea, with additional networks being established in other countries.

Site Online

Site established an online learning, learning software and platform development business. Site Online services and hosts Site's learning, student and competency management systems across its businesses, develops online learning programs, and converts existing learning content in to online programs.

Site Online is also established to service requirements of clients including those of other business units.

Site Group International Pte Ltd

The Site Group International business division builds immersive training environments for the purposes of undertaking competency development, specifically the Engineering, Procurement, Construction and Commissioning of Safe Live Process Plant environments.

SGI is based in Singapore and Malaysia and services predominately oil and gas industry clients throughout the world, utilising industry best practice and international standards for the development of competency frameworks and implementation of training programs.

TESOL Asia

TESOL Asia is a training and industry focussed organisation for Teachers in the English as a Second Language (ESL) sector. It provides access to training, consulting, industry conferences and academic journals around the world.

Teaching English to Speakers of Other Languages (TESOL) focusses on bringing English language acquisition academics together with professional teachers to support and develop the industry globally.

t. [phone]	(ASX: SIT)
ABN: 73 003 201 910	2	www.site.edu.au