TIDMPOS 
 
RNS Number : 4500S 
Plexus Holdings Plc 
19 May 2009 
 

Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services 
19th May 2009 
Plexus Holdings PLC ('Plexus' or 'the Company') 
GBP1.6 million contract extension with BP Egypt 
 
 
Plexus Holdings PLC, the AIM listed oil and gas engineering services business, 
has entered into a contract extension with BP Egypt, a leading oil and gas 
company, to supply its proprietary POS-GRIP  15,000 psi High Pressure/High 
Temperature ('HP/HT') wellhead systems, together with service and support for 
gas exploration in the Nile Delta concession. The value of the contract is 
estimated at GBP1.6 million, with revenues anticipated to commence before the 
Company's year end 30 June 2009, and continuing into 2010. 
This agreement marks a strengthening relationship between the two companies. 
Plexus first signed a rental wellhead contract with BP Egypt in 2006, for an 
exploration drilling programme which expired at the end of 2008. The renewal of 
this contract with BP Egypt acts as further testament of the commercial strength 
and capabilities of Plexus' HP/HT POS-GRIP wellhead technology, increasingly 
known for it cost, safety and time saving advantages. 
 
 
Plexus CEO Ben van Bilderbeek said: "We are delighted to have secured this 
contract extension with BP Egypt, as we continue to consolidate our position as 
a superior wellhead equipment supplier within the Northern African region. Our 
aim is to increase the awareness of our unique POS-GRIP technology within the 
international oil and gas community and eventually secure its position as the 
industry standard for wellhead design. Naturally, each new or extended contract 
takes us one more step forward in reaching this goal, and in order to accelerate 
this process, we continue to seek licensing or JV partnerships with key industry 
players." 
 
 
* * 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 
Plexus Holdings PLC 
Plexus, which began trading on AIM in December 2005, is an established oil and 
gas engineering, and services business based in Aberdeen, with offices in 
London, Kuala Lumpur, and a presence in Houston. It has developed a patented a 
method of engineering for oil and gas field wellheads and connectors, POS-GRIP, 
which involves elastically deforming one tubular member against another to 
effect gripping and sealing. 
POS-GRIP wellhead systems have been used in over 130 oil and gas wells by 
international companies including BHP Billiton, BG International, BP, Shell, 
Brunei Shell Petroleum (BSP), Centrica, ConocoPhillips, Gaz de France, Global 
Santa Fe, Maersk, Petro-Canada , 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 new standard for all wellhead systems. This 
objective includes the distribution of POS-GRIP technology through licensees to 
maximise market penetration. 
Glossary 
 
 
psi - pounds per square inch 
 
 
HP/HT - High Pressure/ High Temperature 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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