MMG - MICROmega Holdings Limited - MICROmega subsidiary awarded additional

MMG - MICROmega Holdings Limited - MICROmega subsidiary awarded additional      
tender by Transnet Rail Engineering                                             
MICROmega Holdings Limited                                                      
(Registration number 1998/003821/06)                                            
(Incorporated in the Republic of South Africa)                                  
ISIN code:ZAE000034435        Share code: MMG                                   
("MICROmega")                                                                   
MICROmega SUBSIDIARY AWARDED ADDITIONAL TENDER BY TRANSNET RAIL ENGINEERING     
MICROmega Holdings Limited`s subsidiary company NOSA (Pty) Ltd ("NOSA") has     
secured an additional tender for the provision of a `Working at Heights`        
solution from Transnet Rail Engineering ("Transnet").                           
Greg Morris, Chief Executive Officer of MICROmega states "NOSA`s current        
growth and diversification is attributed to the increased demand for products   
and services we are experiencing from our current clients. There is no doubt    
that all sectors of the South African economy are starting to priorotise        
occupational health and safety and we are seeing an increase in our order       
book across all sectors of industry".  Morris added "the growth that NOSA is    
enjoying in the `Working at Heights` division is illustrative of NOSA`s         
ability to leverage off its dominant position in the domestic market and        
expand its service offerings beyond traditional training, auditing and          
consulting services".                                                           
According to Mirriam Tenyane, General Manager of Risk and Safety for            
Transnet, "NOSA has thus far demonstrated professionalism and met all of        
Transnet`s expectations as per the agreed services. We continue to receive a    
high quality of service from NOSA at all times, that meets the regulatory       
requirements, and therefore enables our organisation to ensure that the risk    
of working at heights is reduced and injuries eradicated."                      
In terms of South Africa`s Occupational Health and Safety Act, 1993, all work   
done at an elevation of two metres and higher requires a fall protection        
plan. The fall protection plan requires equipment, training, procedures and     
methods to address relevant risks. This all forms part of the `Working at       
Heights` solution offered by NOSA.                                              
According to Justin Hobday, NOSA Managing Director, "The contract is with       
Transnet Koedoespoort and Bloemfontein and requires the development and         
implementation of a very specific `Working at Heights` solution. We have a      
good working relationship with Transnet and we look forward to working with     
their team over the next few months to ensure that the solution is              
effectively implemented."                                                       
17 May 2012                                                                     
Sandton                                                                         
Sponsor                                                                         
Java Capital                                                                    
Date: 17/05/2012 10:21:01 Supplied by www.sharenet.co.za                     
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