MUR
MUR
MUR - Murray & Roberts - Acquisition and disposal
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" or "the Group")
ACQUISITION AND DISPOSAL
Shareholders are informed that the following transactions have been signed in
terms of the Group`s ongoing rationalisation and growth objectives.
Disposal of the Group`s remaining 50% share in Borbet South Africa (Pty) Limited
to current investment partner Borbet Gmbh, a company incorporated in Germany.
Acquisition of 80% of the shares in privately held Wade Walker (Pty) Limited, a
medium-sized electrical and instrumentation engineering contractor serving the
South African and regional industrial and mining sectors. The remaining 20% of
the shares will be acquired from the current owners in terms of a performance
contract covering the next three years.
Both transactions remain subject to regulatory approvals and will have a limited
impact on the Group`s financial results for the year to 30 June 2007.
Johannesburg
14 December 2006
Sponsor:
Merrill Lynch South Africa (Pty) Ltd
Date: 14/12/2006 11:09:01 Produced by the JSE SENS Department.
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