Cape plc, an international provider of essential support services to the energy and natural resources sectors, is pleased to announce a contract extension between Cape PNG Ltd. and Chiyoda-JGC Joint Venture (CJJV) worth US$2M associated with the provision of supervision, pipefitting, rigging, crane operations, administration, general tools and equipment rental for the PNG LNG Project.

The PNG LNG Project is an integrated development that includes gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. Participating interests include Esso Highlands Limited as operator (33.2 percent), Oil Search Limited (29.0 percent), the National Petroleum Company of PNG (PNG Government, 16.6 percent), Santos Limited (13.5 percent), JX Nippon Oil and Gas Exploration (4.7 percent), Mineral Resources Development Company (PNG landowners, 2.8 percent) and Petromin PNG Holdings Limited (0.2 percent).

Mike Harding, Managing Director Philippines, Japan, Hong Kong, Myanmar, China, Vietnam, PNG commented:

"I am pleased to announce that Cape PNG Ltd. has recently secured an extension of the general service contract from Chiyoda-JGC joint venture (CJJV).

"The Cape Group of companies has a well-established track record over 25 years for undertaking major projects with both Chiyoda and JGC so it is pleasing that we continue to be a preferred contractor of choice and further strengthen our long standing relationship with this valued customer.

"We look forward to working closely with CJJV in completing the commissioning stage of this major project safely and efficiently."

About Cape

Cape plc (www.capeplc.com), which is listed on the main market of the London Stock Exchange, provides a range of essential industrial services including access systems, insulation, refractory linings, painting, coating, blasting, industrial cleaning, training and assessment to industrial plant operators and major international engineering and construction companies.

As a single source provider, Cape is able to provide a range of specialist multi-disciplinary services specifically tailored to meet the needs of the client providing the most intelligent and cost efficient solutions for clients' in-plant maintenance and capital needs.

In the year ended 31 December 2012, Cape reported adjusted revenues of £745.7 million. With scale and leading market positions across its international footprint, Cape employs over 21,000 people around the world.

For further information about Cape, please visit our website www.capeplc.com

Sarah Howson, PA to Chief Executive - Joe Oatley, Cape plc
sarah.howson@capeplc.com
+44 (0)1895 431 705

Bobby Morse, Ben Romney & Louise Mason, Buchanan
+44 (0)20 7466 5000

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