| Tue 6 May 2008, 10:00 | | LAF - Lonrho - Water Sector Update |
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LAF
LOLAF
LAF - Lonrho - Water Sector Update
Lonrho Plc
(Formerly Lonrho Africa Plc)
(Incorporated and registered in England and Wales)
(Registration number 2805337)
(Share code: LAF; ISIN number: GB0002568813)
("Lonrho" or "the Company")
Water Sector Update
Lonrho Plc`s bottled water division, Lonrho Spring`s BVI, is pleased to announce
substantial progress in its scheduled development of a pan African water
business.
Since acquiring the technology and brand name of Swissta Holdings in May 2007,
the company has subsequently become the market leader in Mozambique, is doubling
the size of the plant in Kinshasa, DRC and is developing new water bottling
plants in Luanda in Angola; Lubumbashi in the DRC; and Johannesburg in South
Africa. Further projects undergoing feasibility studies include Libya, Nigeria,
Ethiopia, Sudan, Kenya and Zimbabwe.
The sub Saharan water bottle market is estimated to be $ 2 billion and growing
at 25% per annum
Project Updates :
Angola : Lonrho Springs Angola Lda has been established and registered,
applications submitted to ANIP and a site acquired for the new plant in Caxito.
Hydrological surveys and water quality analysis has been completed. Angolan
project managers Sul Engineering have been contracted and the site development
and buildings have commenced construction. Equipment design and specifications
are completed and tenders have been opened. Angolan brands have been designed
and registered.
Mozambique : The existing water bottling plant has been relocated in April to a
new larger facility with a greater water output. Having become the market leader
in Mozambique, the company has expanded its product range and is supplying a
greater variety of sizes of product, from pouches through to 20ltrs for which it
has developed and distributes Swissta cooling dispensers. In April the company
launched a range of flavored waters and sparkling waters onto the market.
DRC ( Kinshasa ) : The size of the existing plant is currently being doubled to
meet demand. New machinery for the expansion has been designed, specified,
ordered and will be in production in June 2008.
DRC ( Lubumbashi ) : Lonrho Springs DRC Sprl has been established and registered
drilling and subsequent hydrological surveys and water quality analysis have
been completed. The site development and buildings have commenced construction.
Equipment design and specifications are completed and tenders have been opened.
A local brand has been designed and registered.
South Africa : Site design and construction plans are completed and plant
specifications and volumes have been agreed. Annual production quantities have
been forecast and extraction permits applied for to increase existing production
volumes. A new brand has been designed and developed for the premium water
bottled market in the Gauteng region, which will concentrate on the reusable
glass bottle restaurant, corporate and consume on site markets.
LONRHO ENQUIRIES
Lonrho Plc +44 (0)20 7016 5105
David Lenigas, Executive Chairman +44 (0)7881 825 378
Geoffrey White, Chief Executive +44 (0)7717 307 308
Officer
Emma de Borchgrave, +44 (0)7867 785 177
Executive Director
Pelham PR
Charles Vivian +44 (0) 20 7743 6672
+44 (0) 7977 297903
James MacFarlane +44 (0) 20 7743 6375
+44 (0) 7841 672831
Collins Stewart Europe : NOMAD to
Lonrho
Hugh Field / Simon Alston +44 (0) 20 7523 8350
NOTES TO EDITORS
About LONRHO:
Lonrho Plc is an expanding conglomerate that is rapidly growing a successful
business throughout Africa. The Company`s shares are traded on the London AIM
stock exchange (LONR). Lonrho is strategically focused on the development of
business opportunities in infrastructure, transportation, support services,
hotels 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)
Lonrho Mining - www.lonrhomining.com
Luba Freeport - www.lubafreeport.com
Fly540 - www.fly540.com
Swissta Holdings - www.swissta.com
SA Independent Liner Services - www.saliners.com
Bytes and Pieces
Kwikbuild - www.e-kwikbuild.co.za
LonZim - www.lonzim.co.uk
6 May 2008
South African sponsor to Lonrho Plc
Java Capital (Proprietary) Limited
Date: 06/05/2008 10:00:24 Produced by the JSE SENS Department.
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