Change of Name

Atlas African Industries Limited / Ticker: AAI / Index: AIM and NSE / Sector: Support Services

17 March 2016

Atlas African Industries Limited

('Atlas' or the 'Company')

Change of Name

Atlas African Industries Limited, formerly known as Atlas Development & Support Services Limited, is pleased to announce that it has completed its change of name and adopted the new tradable instrument display mnemonic (TIDM) 'AAI', effective from 08:00 today.

Shareholders are advised that existing share certificates in the name of Atlas Development & Support Services Limited will remain valid, and that any new share certificates which are issued by the Company will be issued in the name of Atlas African Industries Limited. The ISIN and SEDOL numbers will not change. 

Carl Esprey, Chief Executive Officer of Atlas, said: "We are delighted to confirm our change of name to Atlas African Industries Limited. This reflects our widening strategy as we continue to develop our industrial division utilising our operational experience in Africa, in particular advancing the Chancho Project in Ethiopia, a new state-of-the-art glass bottle manufacturing facility 45km north of the capital, Addis Ababa, where ground clearing and geotechnical drilling recently commenced. With significant market demand for quality glass bottles in Ethiopia identified, proven in-country operational experience and a defined growth strategy, I truly believe this is an extremely exciting time of development for Atlas."

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For further information please visit www.atlassupport.com or contact: