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AFRICAN OXYGEN LIMITED - Afrox signs supply contracts

Release Date: 01/03/2016 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 a three-year contract extension to supply bulk liquid nitrogen,
        compressed and special gases and welding consumables to a South African oil
        refinery. The contract, which will run until 2018, is worth R60 million.

    -   Been awarded a five-year contract extension to supply liquefied petroleum gas
        (?LPG?) and industrial gases to a Pretoria-based distributor. The contract, which will
        run until 2020, is worth R40 million.

    -   Gained the supply base of bulk nitrogen to Shoprite?s national distribution fleet as the
        company looks to phase in truck-mounted CryoFridge installations to chill containers.

    -   Signed new contracts with distributors in Pretoria, Rustenburg and Kuruman for the
        supply of LPG, welding consumables and industrial gases. The contracts, which will
        run until 2020, are worth R65 million.

1 March 2016

One Capital

Date: 01/03/2016 08:00:00 Supplied by www.sharenet.co.za                     
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