RBX - Raubex - Raubex Group awarded two major contracts in Namibia for a total

RBX - Raubex - Raubex Group awarded two major contracts in Namibia for a total  
value of one billion rand                                                       
RAUBEX GROUP LIMITED                                                            
(Previously Lexpub 49 Investments Limited)                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/023666/06)                                            
Share Code: RBX                                                                 
SIN: ZAE000093183                                                               
("Raubex" or "the Company")                                                     
RAUBEX GROUP AWARDED TWO MAJOR CONTRACTS IN NAMIBIA FOR A TOTAL VALUE OF ONE    
BILLION RAND                                                                    
Raubex Group, the JSE-listed road construction and rehabilitation company, is   
pleased to announce the awarding of two major contracts by the Namibian Roads   
Authority for a total value of R1 billion.                                      
The contracts cover the rebuilding and tarring of two sections of road between  
Nkurenkuru and Elundu in the Kavango region of northern Namibia. Work is        
expected to commence in May 2009 and will run for a period of approximately two 
years. The road is a major artery for the transport of goods between Namibia and
Angola.                                                                         
Francois Diedrechsen, Raubex`s Commercial and Financial Director, said: "The    
awarding of these contracts is very positive for Raubex and aligned with our    
long-term strategy to carefully expand our successful business model in the SADC
region beyond South Africa and Zambia.                                          
"We have the adequate mix of skills and experience to tap into the growing      
African road construction market and will continue to position Raubex as a major
player in geographies meeting our investment criteria."                         
Centurion                                                                       
6 April 2009                                                                    
ENQUIRIES                                                                       
Raubex              012 665 3226                                                
Francois Diedrechsen                                                            
College Hill        011 447 3030                                                
Fred Cornet         083 307 8286                                                
Hayley Crane        072 758 1677                                                
Sponsor                                                                         
Investec Bank Limited                                                           
www.raubex.co.za                                                                
Date: 06/04/2009 12:26:33 Supplied by www.sharenet.co.za                     
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