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African Petrochemicals- 16.1 2019

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WORLEYPARSONS COMPLETES ACQUISITION OF JACOBS ECR DIVISION On 22 October 2018, WorleyParsons Limited (“WorleyParsons”) (“Company”) entered into a binding agreement to acquire Jacobs Engineering Group Inc.’s (“Jacobs”) Energy, Chemicals and Resources division (“Jacobs ECR”). WorleyParsons today announced it had paid the consideration to complete the US.2 billion (A.55 billion) acquisition of Jacobs ECR and the acquisition was completed on Friday 26 April 2019 New York time. The new merged business is a pre-eminent global provider of professional project and asset services in energy, chemicals and resources employing 57,600 people across 51 countries. WorleyParsons’ CEO Andrew Wood said: “This merger is about more than capacity and capability. It’s about opportunity. The opportunity to become the partner of choice for our customers, the employer of choice for our people and to deliver enhanced returns for our shareholders.” The operating structure announced in February of four business units, Advisian, Energy and Chemical Services, Mining, Minerals & Metals Services and Major Projects and Integrated Solutions, is effective from completion. The transition process for combining the businesses into a cohesive, merged new company is underway following a period of extensive planning. Cost synergies of approximately A0m at a cost of A0m are anticipated to be delivered within two years. Further benefits will be achieved from optimization and revenue synergies. WorleyParsons has adopted ‘Worley’ as its new brand. The Company name will be changed to Worley Limited, subject to the approval of members at the AGM in October 2019. The annual Investor Day will be hosted on 5 June 2019 where we will provide a more detailed update on the new company. About WorleyParsons: WorleyParsons delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the power, hydrocarbons, mineral, metals, chemicals and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders. WorleyParsons is listed on the Australian Securities Exchange [ASX:WOR]. For more information, contact: Mark Trueman, Director Planning & Investor Relations Tel: +61 2 8456 7256 Email: or Mark Gell Tel: +61 419 440 533 Email: THE PETROCHEMICAL ROADSHOWS The African Petrochemical Roadshow offers a diagonal slice of the industry, showcasing and highlighting multiple products, services and expertise available to the Petrochemical Industry, General Engineering, Mining and Power Generation sectors. • Secunda Petrochemicals IPP & Renewables Roadshow • Sasolburg Petrochemicals IPP & Renewables Roadshow • Durban Petrochemicals IPP & Renewables Roadshow • The Mossel Bay Petrochemical Roadshow Each stand per roadshow includes: • LOGO ON OUR DIGITAL TICKET, DISTRIBUTED ON OUR NEWSLETTERS (Listed as an exhibitor). Added on our Roadshow page, signature and all our social media platforms (The digital ticket is shared daily on our social media pages) • 2 x EDITORIALS (Published on the African Petrochemicals website and also shared on all our social media platforms) • 3x2 EXHIBITION STAND • 2 TABLES • CHAIRS • 2 TABLECLOTHS VISITOR ENTRY IS FREE OF CHARGE • SINGLE PHASE POWER OUTLET • A COMPREHENSIVE DATABASE of all the visitors that attend the respective show • SOCIAL MEDIA EXPOSURE • AFTER EVENT EXPOSURE- The pictures will be published in the African Petrochemicals publication The Engineering, Procurement & Construction (EPC) Roadshow The show is an ideal business to business networking opportunity. • Specifically hosted for the Engineering Procurement Construction and the Engineering Consultants in and around JHB. Project Houses supply turnkey solutions for a successful construction & procurement processes. • The EPC Roadshow offers unique networking opportunities between suppliers, EPC & Engineering Consultants, keeping you as a supplier informed and updated with current and upcoming projects. • The show is practical and cost effective Visit our website for the Roadshow dates and venue’s Join us on social media 31


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