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Omnia Receives A Boost Through A Ratings Endorsement By Ratings Firm Ca-Ratings

Release Date: 09/10/2006 10:00:01      Code(s): OMN
Omnia Receives A Boost Through A Ratings Endorsement By Ratings Firm Ca-Ratings 
OMNIA HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/003680/06)                                           
JSE Code: OMN                                                                   
ISIN : ZAE000005153                                                             
Press Release                                                                   
9 October 2006                                                                  
CA-Ratings announced today, that it has assigned two credit ratings to Omnia    
Holdings Limited. The ratings are on the national scale for South Africa, and   
are zaBBB+ long term and zaA2 short-term, with a stable outlook for the three-  
year time horizon.                                                              
CA Ratings views the long term credit strength of Omnia Holdings to be two      
notches above what is termed "South African investment grade" and the category  
is described as being of "adequate strength".  The level is at the highest point
in this category, and is one notch below the next long-term debt ratings        
category, termed "strong".                                                      
The ratings outlook is "stable" and is viewed capable of resilience at this     
level, for a period of three years.                                             
The short-term credit strength is in the category termed "strong".              
Commenting on the new ratings, Omnia CEO, Rod Humphris said:                    
"We are delighted with the rating. Not only does this endorse Omnia"s strength  
in its core operations and the efficiency of our business model but also gives  
recognition to a strong management team. As a diversified and highly specialist 
chemical services provider, Omnia is exposed to different business drivers and  
levels of risk across each division. This rating confirms that each business and
its risks are effectively managed to enhance profitability, generate cash and   
create value for all stakeholders."                                             
CA-Ratings noted that compared to other JSE listed companies, Omnia is viewed to
occupy a position significantly above the average.                              
For more information contact:  Omnia (011) 709 8850                             
Rod Humphris, MD                                                                
Delwin Eggers, FD                                                               
Issued by Brunswick: (011) 268 5750                                             
Taryn Proksch                  083 273 1301                                     
Lindsay Haines       082 941 1001                                               
Date: 09/10/2006 10:00:05 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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