01-July-2010

Geodynamics Limited (“GDY”) has awarded Stuart Wright with a consulting scope of work including deployment of a GDY Well Engineering Management System (“WEMS”), GDY Well Integrity Management System (“WIMS”), and the conceptual study and design of field-based wells data gathering system. The work is on-track to be completed in 2H10.

About Geodynamics: A public company registered 2000, Geodynamics Limited is the leading geothermal exploration and development company in Australia, formed solely to focus on developing renewable geothermal energy generation from hot fractured rocks (HFR) in Australia. http://www.geodynamics.com.au/IRM/content/home.html