MURRAY & ROBERTS SECURES GEORGE SMALL SCALE BIOMASS PROJECT

Murray & Roberts Power & Energy has been awarded a R250 million, Engineering, Procurement and Construction (“EPC”) contract for the George Small Scale Biomass project.

Murray & Roberts Power & Energy is part of the Energy Consortium, which comprises Tirisano Green (Pty) Ltd, BuiltAfrica Holdings, MBHE African Power (Pty) Ltd and a Community Trust. Murray & Roberts will be EPC contractor and MWPS (a Murray & Roberts and WorleyParsons Joint Venture) will take up the role of operations and maintenance operator.

Henry Laas, Group CEO, Murray & Roberts, comments, “This is a significant award for the Power & Water platform, as the team has been working hard for a number of years to secure opportunities outside of the Eskom Power Programme. We are also excited about the award of the operations and maintenance contract, as the Group aims to secure more work across the engineering and construction value chain.”

The Minister of Energy, Ms Tina Joemat-Pettersson, has in the Renewable Energy Independent Power Producer Procurement Programme (“REIPPPP”), allocated 100MW of the 3 725MW to the procurement of Independent Power Producers (“IPP”) under the Small Projects programme, which individually have a maximumcontracted capacity of 5MW. The projects with a generation capacity of not less than 1MW and not more than 5MW, utilising onshore wind, solar photovoltaic, biomass, biogas and landfill gas technologies, are considered as qualifying technologies for selection under this Small Projects IPP Procurement Programme.

The proposed project is a 5MW thermal biomass power plant fired from wood waste. The plant will be located within the George industrial area in the Western Cape. The wood waste will include bark, chips and sawdust, which will originate from several saw mills and local wood processors from within the George Municipal Area and potentially Southern Cape Region.

“The next step is to secure financial close, which is expected in April 2016 and commercial operation of the plant in the second quarter of calendar year 2017. The consortium will offer a plant with high local content in terms of the plant ownership, equipment manufacturing and supply, construction and plant operator personnel. We believe the platform is well positioned to secure similar opportunities in the near term,” concludes Laas.

POWER & WATER EXECUTIVE APPOINTMENTS

Steve Harrison has been appointed as the CEO of the Power & Water business platform. Steve has also been
appointed to the Board of Murray & Roberts Limited.

Steve has been the Managing Director of Murray & Roberts Power & Energy since November 2011, when he joined
the Group from Aveng Engineering and Projects Company.

Steve has been intimately involved in the Medupi and Kusile boiler mechanical contracts for Mitsubishi Hitachi Power
Services Africa. Steve has also been responsible for Murray & Roberts Power & Energy’s growth strategy outside of the
Medupi and Kusile contracts. Steve has also overseen the bidding and execution of work in Ghana and has overseen
Murray & Roberts Power & Energy’s activities in Mozambique.

Prior to joining Murray & Roberts, Steve started his career in the mining industry as a metallurgist, and then joined LTA Process Engineering, where he held several process engineering, project engineering and project management roles. Steve held divisional director roles in Grinaker-LTA Process Engineering and later in Aveng Engineering and Projects Company, where he was the Project Delivery Director.

Adrian Plantema has been appointed as the CFO of the Power & Water business platform. Adrian has been working closely with Steve in Murray & Roberts Power & Energy and brings significant financial and commercial experience in the
engineering and construction sector to the role, having joined the Group in October 2008. Prior to joining the Group, Adrian held the position of Group Financial Director at Federal Mogul and was previously an Alternate Director at RMB Corvest Limited, a private equity business within the Rand Merchant Bank group.