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African Oxygen Limited - Afrox Signs Supply Contracts

Release Date: 02/02/2016 08:00:00      Code(s): AFX     
(Incorporated in the Republic of South Africa)
(Registration number 1927/000089/06)
JSE code: AFX
NSX code: AOX
ISIN: ZAE000067120


Shareholders are advised that Afrox has been awarded/retained the following contracts:

    -   Afrox has retained the V&A Waterfront contract for the supply of bulk Liquefied
        Petroleum Gas (?LPG?) for the next five years. The R55 million contract comes at a
        time when the V&A Waterfront is continuing development projects across the
        property, which will present Afrox with opportunities to grow the current portfolio.
    -   Afrox has been awarded a R100 million contract to supply Liquid Carbon Dioxide to
        Kingsley Beverages? new carbonated soft drinks plant in Roodepoort. This follows an
        initial supply contract, signed with Kingsley Beverages in 2013 and worth
        R150 million, to supply plants in Malvern and Springs.
    -   Afrox has signed an LPG supply extension contract valued at about R260 million over
        five years with a major re-seller in Botswana, which operates from numerous sites
        across the country.

2 February 2016

One Capital

Date: 02/02/2016 08:00:00 Supplied by www.sharenet.co.za                     
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