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MMG - MICROmega - Nosa Secures Prestigious International Training Contract

Release Date: 21/02/2007 12:55
Code(s): MMG
Wrap Text

MMG - MICROmega - Nosa Secures Prestigious International Training Contract MICROmega Holdings Limited (Registration number 1998/003821/06) (Incorporated in the Republic of South Africa) Share code: MMG & ISIN code: ZAE000034435 ("MICROmega" or "the Group") NOSA SECURES PRESTIGIOUS INTERNATIONAL TRAINING CONTRACT The National Occupational Safety Association "NOSA" (a wholly-owned subsidiary of MICROmega) has secured a R6 million training contract from PT Freeport Indonesia ("Pt Freeport"), which is jointly owned by Freeport- McMoRan Copper & Gold Inc. and the Indonesian Government. The training will be conducted in Indonesia at what is the world`s second largest copper mine and one of the world`s largest single deposits of gold. NOSA, which is owned by the JSE Limited ("JSE") listed MICROmega Holdings Limited, is to provide safety, health and environmental training at PT Freeport to a number of its 20,000 employees over a 3 year period. Freeport- McMoRan Copper & Gold Inc.`s status as a global leader in mining allowed it to assess the merits of a number of international service providers. According to Duncan Carlisle, the Managing Director of NOSA, the ultimate selection of NOSA is an indication of the quality of products and services that NOSA offers. Carlisle stated that NOSA currently conducts the safety and health audits on the mine in Indonesia and that it received a NOSA Four Star Grading for 2005/2006. The NOSA system, which has been in operation at the mine since 2000, has had a positive impact on the mine`s safety record, with PT Freeport currently boasting one of the best safety records in the entire Freeport-McMoRan Copper & Gold Inc. group. Contact: Duncan Carlisle Managing Director NOSA 012 683 0200 21 February 2007 Sponsor: Vunani Corporate Finance (Pty) Ltd Date: 21/02/2007 12:55:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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