| Tue 18 Sep 2007, 11:05 | | LAF - Lonrho Africa - Luba Freeport Signs 5 Year C |
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LAF
LOLAF
LAF - Lonrho Africa - Luba Freeport Signs 5 Year Contract With Oil Industry
Supplier
Lonrho Plc
(Formerly Lonrho Africa Plc)
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
("Lonrho Africa" or "the Company")
LUBA FREEPORT SIGNS 5 YEAR CONTRACT WITH OIL INDUSTRY SUPPLIER
Lonrho (AIM:LONR), the conglomerate with a diverse portfolio of African
investments, is pleased to announce that a new 5 year contract has been signed
between Luba Freeport Limited ("Luba Freeport") and MI Equatorial Guinea Inc
(MI) effective from the 1st October 2007.
Luba Freeport is owned 63% by Lonrho Plc and 37% by the Government of Equatorial
Guinea.
This contract provides for MI`s usage of 2,450 square metres of warehousing and
offices, 900 square metres of bulk chemical storage area and 4,000 square metres
of open storage area.
MI is the sole supplier of brine, bentonite, base oil drilling mud and chemicals
to the oil industry majors in Equatorial Guinea.
ENQUIRIES
Lonrho Plc +44 (0) 20 7016 5105
David Lenigas, Chief Executive +44 (0)7881 825 378
Emma Priestley, Executive Director +44 (0)7867 785 177
Pelham PR
Charles Vivian +44 (0) 20 7743 6672
+44 (0) 7977 297903
Alisdair Haythornthwaite +44 (0) 20 7743 6676
+44 (0) 7714 721379
Collins Stewart Europe
Hugh Field +44 (0) 20 7523 8350
Jonny Sloan
NOTES TO EDITORS
About LONRHO:
Lonrho Plc is an expanding conglomerate that is rapidly growing a successful
business throughout Africa. The Company is listed on the London AIM stock
exchange (LONR). Lonrho is strategically focused on the development of business
opportunities in infrastructure, transportation, support services and natural
resources. The Company has over 20,000 shareholders and substantial
institutional backing to support its mandate to build a profitable business that
plays a fundamental role in the development of the African economy.
Since 2006, the Company has invested in or acquired control of:
Hotel Cardoso - www.hotelcardoso.co.mz (retained)
Nare Diamonds - www.narediamonds.com
Luba Freeport - www.lubafreeport.com
Fly540 - www.fly540.com
Norse Air - www.norseair.co.za
Swissta Holdings - www.swissta.com
SA Independent Liner Services
18 September 2007
South African sponsor to Lonrho Africa Plc
Java Capital (Proprietary) Limited
Date: 18/09/2007 11:05:14 Produced by the JSE SENS Department.
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