TIDMPOS 
 
RNS Number : 9173V 
Plexus Holdings Plc 
20 July 2009 
 
Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services 
20 July 2009 
Plexus Holdings PLC ('Plexus' or 'the Company') 
GBP600,000 Gaz de France Egypt 
Contract Win 
Plexus Holdings PLC, the AIM listed oil and gas engineering services business 
which supplies wellhead and mudline suspension equipment for exploration and 
production applications, has been awarded, against a competitive tender among 
international suppliers, a GBP600,000 contract with GDF SUEZ Egypt, a leading 
oil and gas company, to supply its proprietary POS-GRIP  wellhead systems for 
exploration activities in the Egyptian region of the Mediterranean Sea. The 
contract, which may be extended, is subject to completion of relevant terms, 
with revenues anticipated to commence in October 2009. 
GDF SUEZ Egypt will use Plexus' POS-GRIP 15,000 psi High Pressure wellhead and 
standard 10,000 psi POS-GRIP wellhead systems with mudline casing support and 
services at two oil and gas exploration wells in the Mediterranean Sea. This 
contract marks a strengthening of the working relationship between the two 
companies; in October 2007 Plexus signed its first agreement with Gaz de France 
Britain Ltd to supply wellhead systems which were used for exploration 
activities in the North Sea. Furthermore, this is the Company's third customer 
in Egypt, as it builds its position as a wellhead supplier of choice within the 
North African region. 
Plexus CEO Ben van Bilderbeek said, "I am naturally delighted with the inroads 
we are making in becoming a known supplier of specialist wellheads in the North 
African region. This is yet another contract win for Plexus in Egypt and follows 
closely on the heels of the recent GBP1.6 million contract extension with BP 
Egypt. It demonstrates that our drive into the North African markets is making 
strong progress and we are confident that similar contracts will follow in the 
future." 
 
* * ENDS * * 
 
For further information please visit www.posgrip.com or contact: 
+---------------------------+--------------------------------+---------------------------+ 
| Ben van Bilderbeek        | Plexus Holdings PLC            | Tel: 020 7795 6890        | 
+---------------------------+--------------------------------+---------------------------+ 
| Graham Stevens            | Plexus Holdings PLC            | Tel: 020 7795 6890        | 
+---------------------------+--------------------------------+---------------------------+ 
| Alex Dewar                | Brewin Dolphin                 | Tel: 0845 213 2076        | 
+---------------------------+--------------------------------+---------------------------+ 
| Felicity Edwards          | St Brides Media & Finance Ltd  | Tel: 020 7236 1177        | 
+---------------------------+--------------------------------+---------------------------+ 
| Isabel Crossley           | St Brides Media & Finance Ltd  | Tel: 020 7236 1177        | 
+---------------------------+--------------------------------+---------------------------+ 
 
Glossary 
 
HP/HT - High Pressure/High Temperature 
TRT-S mudline suspension equipment - Plexus' patented system to allow Jackup 
Drilling Rigs to transfer casing loads from the rig itself to the sea bed whilst 
allowing for a subsequent planned dis-engagement and possible suspension/ 
Platform Tieback options. 
 
Notes 
Plexus Holdings PLC 
Plexus, which began trading on AIM in December 2005, is an established oil and 
gas engineering and services business which supplies wellhead and mudline 
suspension equipment for exploration and production applications based in 
Aberdeen, with an office in London, Cairo, Kuala Lumpur and a presence in 
Houston, Texas. It has developed and patented a method of engineering for oil 
and gas field wellheads and connectors, POS-GRIP, which involves deforming one 
tubular member against another to effect gripping and sealing. 
POS-GRIP wellhead systems have to date been used or selected to be used in over 
140 oil and gas wells by international companies including BHP Billiton, BG 
International, BP, Brunei Shell Petroleum, Centrica, ConocoPhillips, Dubai 
Petroleum, GDF SUEZ, Global Santa Fe, Maersk, Petro-Canada Trinidad & Tobago, 
RWE, Repsol, StatoilHydro, Silverstone Energy, Talisman Energy, Tullow Oil, and 
Wintershall. 
The Company plans to accelerate the roll out of POS-GRIP technology as a 
superior alternative to current wellhead technology. It has particular 
advantages in HP/HT and X-HP-HT oil and gas environments for which there is 
increasing demand throughout the world. The Company's long-term goal is to 
develop POS-GRIP technology as the future industry standard for wellhead design. 
This objective includes the distribution of POS-GRIP technology through 
licensees to maximise market penetration. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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