| Fri 12 Dec 2008, 12:27 | | LAF - Lonrho Plc - e-Kwikbuild wins export orders for Angola |
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LAF
LOLAF
LAF - Lonrho Plc - e-Kwikbuild wins export orders for Angola
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")
e-Kwikbuild wins export orders for Angola
12th December 2008
Lonrho (AIM: LONR) the conglomerate with a structured portfolio of African
investments is pleased to announce that e-Kwikbuild, its 55.6% owned subsidiary,
has been awarded two contracts in Angola for its prefabricated buildings.
Subsequent to the opening of its new production facility at Port Elizabeth,
South Africa, in November 2008, the company announced that it would now have
production capacity to further develop its export market.
e-Kwikbuild is pleased to announce that it has been awarded a contract with
Kimbo Limbombewa, a local NGO, for the development of a new facility, including
a school, training rooms and accommodation for young orphans. The project is
funded by the Fund of Social Responsibility (Block 14), which is jointly managed
by Chevron and Sonangol. The first stage of the contract is for US$ 1.5 million
and is to be built in Viana, close to Luanda. The total project value with
further phases is for US$ 4.5 million.
e-Kwikbuild is also pleased to announce that it has been awarded a contract by
Sul Engineeria, Angola, for the supply of an office and residential buildings
to be constructed on the outskirts of Luanda. The development has a value of US$
500,000.
David Lenigas, Lonrho`s Executive Chairman commented:
"I am delighted that e-Kwikbuild has been able to secure these export contracts
for Angola. The opportunities for e-Kwikbuild to provide building solutions in
Angola for offices; schools, clinics; accommodation and other buildings is
significant.
"With the opening of the new production facility in Port Elizabeth we are now
seeing an increasing order book across other African countries. Due to added
capacity eKwikbuild now can accelerate its manufacturing and delivery on time
and on schedule."
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 +44 (0)7867 785 177
Borchgrave, 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 Limited
Hugh Field +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 19,000 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.
South African sponsor to Lonrho Plc
Java Capital (Proprietary) Limited
Date: 12/12/2008 12:27:19 Produced by the JSE SENS Department.
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