Murray & Roberts - Gautrain Project - Rapid Rail S
MUR
MUR
Murray & Roberts - Gautrain Project - Rapid Rail System
MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ISIN Code: ZAE000073441
("Murray & Roberts")
GAUTRAIN PROJECT - RAPID RAIL SYSTEM (`Gautrain")
The Bombela Concession Company ("Bombela") has signed a Concession Agreement
with the Gauteng Provincial Government enabling construction to commence
immediately on Gautrain and the grant of a twenty-year concession to operate and
maintain the system.
Bombela has been contracted to construct and deliver Gautrain within a period of
54 months. The system linking Johannesburg International Airport to Sandton and
Midrand has been contracted to be completed within a 45 month period.
Murray & Roberts is a 25% Shareholder in Bombela and a 45% Shareholder in a
joint venture that is being sub-contracted to complete the civil works. In total
Murray & Roberts share of work over the next 54 months will be approximately
R4,5 billion.
Financial closure is still to be completed and this should be achieved within
the next six months.
Johannesburg
29 September 2006
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Date: 29/09/2006 05:08:02 PM Produced by the JSE SENS Department
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