Resource Development Group

Resource Development Group Limited provides diversified services to the resource, infrastructure and energy sectors within Australia and internationally.

 

RDG's main operating subsidiary, Centrals provides a 'whole of project' contracting service offering.

 

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Trading Halt Request

Resource Development Group Limited (the "Company") hereby requests a trading halt in its securities and provides the following information in accordance with Listing Rule 17.1.

The Company is currently in dispute with Silver Lake Resources Ltd (ASX:SLR) regarding outstanding invoices owed to the Company's subsidiary Pacer Corporation Pty Ltd ("Pacer") for work undertaken on Silver Lake Resources Murchison Gold operations.

The contract was awarded to Pacer on a cost plus basis and the Company is taking legal advice regarding the outstanding payment owed to it my Silver Lake Resources Ltd.

The trading halt is expected to last until the earlier of the Company releasing an announcement or the commencement of trading on Monday 8 April 2013.

The Company is not aware of any reason why the trading halt should not be granted.

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