/ 1 January 2002

Group Five wins R95m Mozambique contract

Group Five, one of South Africa’s largest construction companies, announced on Wednesday that its subsidiary, Group Civils, has secured two contracts worth R95 million at Vilankulo in

Mozambique.

The Group Five Temane project, a joint venture with an Italian construction company, CMC, is responsible for all the civil and infrastructural works of the main gas processing plant at the start of the Mozambique/Sasol gas line.

Group Five will also be responsible for establishing all the infrastructure and accommodation facilities.

Said Group Five CEO Mike Lomas: ”These new cross-border contracts are another example of the success of our focus on increasing our hard-currency earnings.

”Strong alliances with our contracting partners and a culture of teamwork within the group create an integrated effort to deliver fully on requirements.” – Sapa