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| Taggart Global Completes Acquisition of Controlling Interest in Jim Harrison Design Associates South African acquisition extends the US-based engineering firm’s global reach PITTSBURGH, PA – October 27, 2008 – Taggart Global USA, LLC (Taggart), a global leader in the delivery of coal preparation plants and materials handling systems, today announced that it has acquired a 51% controlling interest in Jim Harrison Design Associates (Pty) Ltd (JHDA). Based in Johannesburg, South Africa, JHDA is a leading engineering company that specializes in coal beneficiation technologies. Together, Taggart and JHDA will pursue large-scale coal preparation projects throughout Southern Africa. The partnership of Taggart and JHDA brings together two expert companies in the field of minerals processing. TAGGART provides a full range of design, engineering, project management, construction and contract operation services to the world-wide mining and power generation sectors. JHDA delivers processing solutions for a wide range of mineral producers, including those producers operating in the coal, diamonds, iron ore, manganese, chrome ore, and bauxite markets. “JHDA and its associates will strengthen and extend Taggart’s geographic and industry reach,” said Jim Harrison, the founder of JDHA. Harrison has over 48 years of experience in designing and operating coal processing systems. “The combination of Taggart and JHDA will deliver to the international marketplace the most advanced design and processing technologies available, along with access to some of the industry’s most respected and experienced minerals and processing specialists.” Larry Watters, Director at Taggart, discussed his excitement about the opportunity to expand Taggart’s industry operations. “We look forward to integrating these companies’ resources and expertise in order to deliver an unmatched level of engineering and project management service to the world’s leading minerals companies. JHDA is one of the most respected engineering groups in South Africa, and we are proud to have them join the Taggart team, particularly as we continue to grow and expand our international presence in the years ahead.” About Jim Harrison Design Associates (Pty) Ltd JHDA has provided services to the world’s leading mining companies including Anglo American, BHP Biliton, Xstrata Coal and others. JHDA’s office is located in Johannesburg, South Africa.
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