Lonrho Regulatory News (LONR)

18 Sep 2007 09:03

Lonrho PLC18 September 2007 18 September 2007 Lonrho Plc ("Lonrho" or "the Company") Luba Freeport signs 5 year contract with Oil Industry Supplier Lonrho (AIM:LONR), the conglomerate with a diverse portfolio of Africaninvestments, is pleased to announce that a new 5 year contract has been signedbetween Luba Freeport Limited ("Luba Freeport") and MI Equatorial Guinea Inc(MI) effective from the 1st October 2007. Luba Freeport is owned 63% by Lonrho Plc and 37% by the Government of EquatorialGuinea. This contract provides for MI's usage of 2,450 square metres of warehousing andoffices, 900 square metres of bulk chemical storage area and 4,000 square metresof open storage area. MI is the sole supplier of brine, bentonite, base oil drilling mud and chemicalsto the oil industry majors in Equatorial Guinea. ENQUIRIES Lonrho Plc +44 (0) 20 7016 5105David Lenigas, Chief Executive +44 (0)7881 825 378Emma Priestley, Executive Director +44 (0)7867 785 177 Pelham PRCharles Vivian +44 (0) 20 7743 6672 +44 (0) 7977 297903Alisdair Haythornthwaite +44 (0) 20 7743 6676 +44 (0) 7714 721379 Collins Stewart EuropeHugh Field +44 (0) 20 7523 8350Jonny Sloan NOTES TO EDITORS About LONRHO: Lonrho Plc is an expanding conglomerate that is rapidly growing a successfulbusiness throughout Africa. The Company is listed on the London AIM stockexchange (LONR). Lonrho is strategically focused on the development of businessopportunities in infrastructure, transportation, support services and naturalresources. The Company has over 20,000 shareholders and substantialinstitutional backing to support its mandate to build a profitable business thatplays a fundamental role in the development of the African economy. Since 2006, the Company has invested in or acquired control of: • Hotel Cardoso - www.hotelcardoso.co.mz (retained)• Nare Diamonds - www.narediamonds.com• Luba Freeport - www.lubafreeport.com• Fly540 - www.fly540.com• Norse Air - www.norseair.co.za• Swissta Holdings - www.swissta.com• SA Independent Liner Services This information is provided by RNS The company news service from the London Stock Exchange