TIDMPOS 
 
RNS Number : 9556A 
Plexus Holdings Plc 
19 October 2009 
 

Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services 
19 October 2009 
Plexus Holdings PLC ('Plexus' or 'the Company') 
Second contract with Dubai Petroleum Establishment 
 
 
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 a second contract with Dubai Petroleum 
Establishment ('Dubai Petroleum'), a leading oil and gas company in the Middle 
East, to supply the Company's 10,000 psi POS-GRIP wellhead technology with 
mudline suspension systems for exploration activities offshore United Arab 
Emirates in the Arabian Gulf.  The contract is anticipated to commence in H1 of 
our financial year to 30 June 2010. 
 
 
This agreement marks a strengthening relationship between the two companies 
which began in June 2008, and represented Plexus' first foothold in the Middle 
East. Since that time, Plexus has continued its sales and marketing drive in the 
region, which it believes offers many new business opportunities. The 
consecutive contract win will help in this respect, providing POS-GRIP with 
increased exposure in the region and acting as further testament to the 
commercial strengths and capabilities of our POS-GRIP  technology. 
 
 
Plexus CEO Ben van Bilderbeek said, "Naturally we are delighted to have secured 
this second contract win with Dubai Petroleum. The cost, safety and time 
advantages attained when using POS-GRIP wellhead technology on the previous 
exploration well were believed to be determining factors when Dubai Petroleum 
came to choose its supplier for this contract. With this in mind, it is pivotal 
to our business model that we utilise POS-GRIP's advantages to increase the 
awareness of our technology within the international oil and gas community to 
eventually secure its position as an industry standard for wellhead design; with 
each new or extended contract secured we take one more step forward in reaching 
this goal." 
 
 
* * ENDS * * 
 
 
For further information please visit www.posgrip.com or contact: 
+-------------------+-----------------------------+------------------------+ 
| Ben van           | Plexus Holdings PLC         | Tel: 020 7589 8555     | 
| Bilderbeek        |                             |                        | 
+-------------------+-----------------------------+------------------------+ 
| Graham Stevens    | Plexus Holdings PLC         | Tel: 020 7795 6890     | 
+-------------------+-----------------------------+------------------------+ 
| Alex Dewar        | Brewin Dolphin              | Tel: 0845 213 2076     | 
+-------------------+-----------------------------+------------------------+ 
| Felicity Edwards  | St Brides Media & Finance   | Tel: 020 7236 1177     | 
|                   | Ltd                         |                        | 
+-------------------+-----------------------------+------------------------+ 
| Isabel Crossley   | St Brides Media & Finance   | Tel: 020 7236 1177     | 
|                   | Ltd                         |                        | 
+-------------------+-----------------------------+------------------------+ 
 
 
Notes to Editors: 
 
 
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, 
Red Sea Petroleum Operating Company, Repsol, RWE, Shell Egypt, 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 (High Pressure/High Temperature) and X-HP-HT (Extreme High 
Pressure/High Temperature) 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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