Murray & Roberts Holdings Limited - Announcement

Murray & Roberts Holdings Limited - Announcement                                
Murray & Roberts Holdings Limited                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1948/029826/06                                              
JSE Code MUR   ISIN Code ZAE000008983                                           
("Murray & Roberts" or "the company")                                           
ANNOUNCEMENT                                                                    
Murray & Roberts has noted previously that it was tendering for the construction
of three major projects in the Middle East.                                     
The Department of Civil Aviation of the Government of Dubai has this weekend    
issued a letter of intent to award the contract for completion of Terminal 3,   
Concourse 2 and Car Park at Dubai International Airport to the Joint Venture of 
Al Habtoor Murray & Roberts and Takenaka. The contract is valued at             
approximately USD 1,0 billion with a start date of 18 December 2004 and a       
duration of 28 months. Murray & Roberts is project leader with a 40% share.     
Murray & Roberts in partnership with Al Habtoor has a proud record of           
achievement in constructing some of the landmark projects that define the recent
development of Dubai and the United Arab Emirates. These include the Burj al    
Arab Hotel and Concourse 1 at Dubai International Airport. Takenaka is a leading
Japanese contractor with specialist expertise in integrated airport projects.   
Although the Burj Dubai and Dubai Mall projects were not secured, Murray &      
Roberts has gained significant expertise participating with its partners in     
bidding such significant ventures against the best in global competition.       
Johannesburg                                                                    
20 December 2004                                                                
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 20/12/2004 09:59:01 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department