AJ Lucas Group Limited : Response to Media Commentary

14 January 2013

ASX ANNOUNCEMENT/MEDIA RELEASE Response to Media Commentary

AJ Lucas ("the Company") has become aware of an article that appeared in Saturday's edition of the Financial Times in the UK entitled "Cuadrilla seeks deal with energy major".

The Company confirms that, as part of its and Cuadrilla's ongoing review of the options for appraisal and development of the Bowland Basin, discussions are being held with a number of parties regarding the future development of the Bowland Basin.

However, these discussions remain at a preliminary stage and the Company is not in a position to advise whether any agreement will result from them.

The Company will keep the market informed should there be any material developments. For further information please contact:

Nicholas Swan

Company Secretary

[phone]

About AJ Lucas Group Limited

Lucas is a leading provider of specialist infrastructure, construction and drilling services to the energy, water and waste water, resources and public infrastructure sectors. In particular, it is the largest supplier of drilling and gas management services to Australia's coal industry. Other divisions provide construction and civil engineering services together with facilities management.
AJ Lucas is also a proven developer of unconventional hydrocarbon properties. Current investments include a 43% shareholding in Cuadrilla Resources, an exploration and production company focused on unconventional hydrocarbons, and a 25% direct interest in the Bowland and Weald shale basin prospects in respectively North West and South East England. Past projects successfully developed and exited include the Company's investments in Gloucester Basin, Sydney Gas and ATP651 in Queensland's Surat Basin.