/ 7 October 1999

MOBIL JOINT VENTURE IN KZN

MOBIL Oil South Africa on Wednesday announced the launch of a joint venture company in partnership with an empowerment company, Mlando Investment Holdings. The joint venture company, Sibuyile Petroleum, will operate from Durban providing the KwaZulu-Natal market with the full range of Mobil lubricants and Fluidlink fluid management services. Mlando Investments Holding will be the majority shareholder and both companies will have equal representation on the board of Sibuyile Petroleum.