WYG Plc Further Contract Wins in Southern Africa

TIDMWYG

WYG Plc

30 July 2013

WYG plc

("the Company" or "WYG")

Further Contract Wins in Southern Africa

Further to the announcement on 4 June 2013 of its involvement in the GBP18.2m Climate Resilient Infrastructure Development Facility for the Southern Africa Development Community, WYG plc, the global management and technical consultancy to the built and natural environment, is pleased to announce further successes in the region.

During the current financial year we have won the following new contracts with a total value to the Company of more than GBP10.0m:

-- In Cote d'Ivoire, through a strategic partnership with Safege, two contracts totalling GBP5.0m: one with the Ministry of Finance for a large scale finance management reform programme and the other with the Ministry of Transport to support the development of a national framework for managing and maintaining the road network.

-- In Nigeria, we are working in partnership with ten state governments on essential public finance reforms. In a recent review the client, the UK's Department for International Development, awarded the programme an A* rating which resulted in the award of a further project worth in excess of GBP1.0m.

-- In June, WYG was awarded a one year extension with an approximate value of EUR3.0m for the technical assistance we provide for a large migration support programme we undertake on behalf of the Africa, Caribbean, Pacific (ACP) Secretariat. The services we provide under the ACP Migration facility have taken us into Senegal, Nigeria, Angola, Lesotho, Kenya, Tanzania, Democratic Republic of Congo, Cameroon and Botswana. In addition, the project, which is funded by the European Development Fund, assists six regional organisations covering all 79 ACP countries and 12 pilot countries.

-- In Burundi, Kenya, Rwanda, Uganda and Tanzania, WYG consultants have recently presented a report at a ministerial retreat of the East African Community as a result of which we have secured a second phase of work on a project the ultimate aim of which is to widen and deepen economic, political, social and cultural integration to improve the quality of life of the people of East Africa.

-- Smaller contract awards in recent months have included a review of de-mining activities in South Sudan and Mozambique and a GBP1.0m project providing support to the African Forum of Utility Regulators to promote cohesion on energy policy throughout the region.

Paul Hamer, Chief Executive Officer of WYG, added:

"These new contract wins and extensions demonstrate the progress we are making in delivering on two key elements of our strategy: creating growth and becoming a global group. We are successfully growing our order book by using our existing market position, client relationships and partnering to address a number of global challenges in developed, emerging and third world economies."

ENDS

   WYG plc                                                            Tel: 0113 278 7111

Paul Hamer, Chief Executive Officer

Sean Cummins, Group Finance Director

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John Olsen / Katie Hunt / James White / Vicky Watkins

   Numis Securities Limited                                     Tel: 020 7260 1000

Stuart Skinner/ Jamie Lillywhite (Nominated Adviser)

David Poutney/ Ben Stoop (Corporate Broker)

Notes to Editors

WYG is an established global management and technical consultancy to the built and natural environment that collaborates with clients in over 40 countries to help them realise their corporate and project ambitions.

A top 15 European consultancy and employing more than 1,400 people around the world, WYG has the expertise for every stage of a project's life-cycle from planning and design to building and completion.

WYG takes enormous pride in the work it does and has been recognised with several prestigious industry awards including: British Expertise International Awards 2011; RoSPA Occupational Health and Safety Gold Medal Award 2012, National Recycling Awards 2011.

WYG has been active in Southern Africa since 2004 and has successfully delivered projects to the value of more than EUR30 million. Our activities in the region to date have been focussed on socio-economic development.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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