MURRAY & ROBERTS HOLDINGS LIMITED - Clough USA Inc. Announces Award of US$620 million Petrochemical EPC Project in the USA

Clough USA Inc. Announces Award of US$620 million Petrochemical EPC Project in the USA

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN: ZAE000073441
(“Murray & Roberts”)

CLOUGH USA INC. ANNOUNCES AWARD OF US$620 MILLION PETROCHEMICAL
EPC PROJECT IN THE USA

Murray & Roberts is pleased to announce that Clough USA Inc. (“Clough USA”) has been
awarded a US$620 million petrochemical engineering, procurement and construction
(“EPC”) project in the USA.

This multi-year project signifies Clough USA’s first major contract award and underlines the
successful establishment of Clough in North America. Clough USA is a wholly owned
subsidiary of Murray & Roberts and was established earlier this year, when Murray &
Roberts acquired Saulsbury Industries' Gulf Coast downstream EPC business.

Clough USA has secured a limited notice to proceed and should receive the full notice to
proceed by October 2019.

Bedfordview
12 August 2019

Sponsor: The Standard Bank of South Africa Limited

Date: 12/08/2019 11:00:00
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