Murray & Roberts Holdings Limited - Gautrain Rapid Rail Link

Murray & Roberts Holdings Limited - Gautrain Rapid Rail Link                    
Murray & Roberts Holdings Limited                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1948/029826/06)                                            
Share code: MUR  & ISIN: ZAE0000073441                                          
("Murray & Roberts")                                                            
Gautrain Rapid Rail Link                                                        
Shareholders are referred to a statement issued today by Gauteng Province in    
South Africa which confirms that agreement has been reached with the Bombela    
Consortium (consisting of Bombardier, Bouygues, Murray & Roberts and SPG) on all
the substantive issues within the affordability limit set for the Gautrain Rapid
Rail Link project. This provides the framework for finalisation of the terms and
Financial Closure of the Concession Agreement.                                  
An Enabling Works Contract signed between Bombela Consortium and Gauteng        
Province requires that the Bombela Civil Joint Venture commence with the        
relocation of utilities and services to prepare the site for infrastructure     
works.                                                                          
This is a significant project for Murray & Roberts, the present value of which  
was notified in a SENS announcement on 7 November 2005 as approximately R 4,5   
billion over a construction period of 54 months following financial closure.    
Murray & Roberts is a key participant in the concession company, the            
infrastructure contract and in the long-term operation of the system.           
Johannesburg                                                                    
16 February 2006                                                                
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 16/02/2006 03:22:13 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department