W G WEARNE LIMITED - Contract awarded

Contract awarded

 W G WEARNE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005983/06)
(Share Code: WEA ISIN Code: ZAE000078002)
(“Wearne” or “the company”)


Contract awarded

The Board of Wearne is pleased to announce that company has been awarded two contracts to the
value of R 70 million for the supply of ready mixed concrete as well as earthworks services by Abeinsa
EPC Xina (Pty) Ltd. Abeinsa EPC Xina is a subsidiary of the Abengoa group of companies that has been
selected by the Department of Energy to develop Xina Solar One in Pofadder. Xina Solar One is a 100
MW parabolic trough plant with a five- hour thermal energy storage system using molten salts.

The supply of ready mixed concrete will be for a period of twenty months while the earthworks
contract will be completed in five months. Wearne was selected after successfully completing an R 30
million contract for Abeinsa EPC at their Khi Solar One project in Upington. The company is also
tendering on numerous other contracts in the renewable energy sector and is confident that further
contracts will be awarded.



Johannesburg
23 October 2014

Designated Adviser
Exchange Sponsors

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