Lonrho PLC
  18 November 2008
   

    18th November 2008 

    LONRHO PLC
    ("Lonrho" or the "Company")
    
e-Kwikbuild Opens New Factory to Meet Demand 

    Lonrho (AIM: LONR) the conglomerate with a structured portfolio of African investments is pleased to announce that e-Kwikbuild, its 62%
subsidiary, has completed and commenced production from a new prefabricated panel production plant in Port Elizabeth, South Africa.

    The development of the new production plant has not only increased e-Kwikbuild's capacity but has also permitted the redesign and
enhancement of certain elements of the e-Kwikbuild product to ensure that it remains a market leader in the supply of high quality
prefabricated buildings. The new plant incorporates state of the art applications to the manufacturing process.

    The new 2,700m2 factory can produce up to 240 (3 square metres) panels in each six hour shift and will facilitate e-Kwikbuild's ability
to meet existing, and forecast demand for its products. 

    The first deliveries for buildings from the new plant are being manufactured for a new teaching facility at Walter Sisulu University, a
Nurses Accommodation unit at Cecilia Makiwane Hospital, and a seven classroom school at Sterkspruit, all in the Eastern Cape. 

    Kwikbuild designs and builds insulated prefabricated buildings including houses, offices, schools, clinics and dormitories. The
Kwikbuild products give a pre-engineered building solution providing a cost effective, environmentally friendly building, which requires low
maintenance and can be installed in days.

    David Lenigas, Lonrho's Executive Chairman commented:

    "Since Lonrho invested in e-Kwikbuild in October 2007, the management's focus has been to increase production capacity to meet demand.
The commissioning of the new factory is a milestone for the company and a building block for growth.

    The opportunities for e-Kwikbuild products from existing clients such as Eskom, the South African Government and others in South Africa
are considerable, but we believe significant future growth can be generated through Lonrho's pan African presence. We are expecting new
orders from Angola, Mozambique and the DRC now that the factory is open."


    Enquiries

 Lonrho Plc                               +44 (0)20 7016 5105
 David Lenigas, Executive Chairman        +44 (0)7881 825 378
 Geoffrey White, Chief Executive Officer  +44 (0)7717 307 308
 Emma de Borchgrave, Executive Director   +44 (0)7867 785 177
                                           
 Pelham PR                                 
 Charles Vivian                           +44 (0) 20 7743 6672
                                          +44 (0) 7977 297903
 James MacFarlane                         +44 (0) 20 7743 6375
                                          +44 (0) 7841 672831


    NOTES TO EDITORS

    About LONRHO:

    Lonrho Plc is an expanding conglomerate that is rapidly growing a successful business throughout Africa. The Company's shares are traded
on the London AIM stock exchange (LONR). Lonrho is strategically focused on the development of business opportunities in infrastructure,
transportation, support services, hotels and natural resources. The Company has over 19,000 shareholders and substantial institutional
backing to support its mandate to build a profitable business that plays 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  
    Lonrho Mining - www.lonrhomining.com 
    Luba Freeport - www.lubafreeport.com 
    Fly540 - www.fly540.com 
    Swissta Holdings - www.swissta.com 
    Bytes and Pieces www.bytespieces.com 
    Kwikbuild - www.e-kwikbuild.co.za 
    Rollex - www.rollex.co.za
    LonZim - www.lonzim.co.uk 
      

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
NRAILFIALILDLIT

Lonrho (LSE:LONR)
Historical Stock Chart
From Sep 2024 to Oct 2024 Click Here for more Lonrho Charts.
Lonrho (LSE:LONR)
Historical Stock Chart
From Oct 2023 to Oct 2024 Click Here for more Lonrho Charts.