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TIMEC inaugurates office in Billings, MT

La Porte, July 12, 2007 - TIMEC Company, Inc. celebrated today the inauguration of its Rocky Mountain regional headquarters in Billings, Montana. The opening of the office signifies the company’s commitment to solidify its presence in the area to strengthen communication with the petrochemical sector and the local community.

“TIMEC first came to the region in 2002, when we were awarded a turnaround contract in Billings. Since then, TIMEC’s projects in the region have grown significantly thanks to our commitment to safety, quality, productivity and reliability,” said Regional Manager Barry Bolton, during the opening celebrations.

The site will provide a strategic place for training employees working in Billings and neighboring cities.

The Billings location has an office area of over 2,000 square feet and a warehouse area of 5,000 square feet. The Billings office has a staff of approximately 20 people that supports nearly 350 employees throughout the Rocky Mountain States.

TIMEC is a leading global provider of maintenance, turnaround and construction services, operating in a diverse range of industries including oil and natural gas; petrochemical; water and wastewater; and food, among others. TIMEC, jointly with its parent company Transfield Services, has over 20,000 employees, working across the United States, Canada, Australia, New Zealand, the United Arab Emirates, Qatar, South East Asia, and India.

Transfield Services Limited is publicly traded in Australia and included in the S&P/ASX 200 with a turnover of A$2 billion (Financial year ended 30 June 2006).

To learn more about TIMEC, please visit our website at http://www.timec.com

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