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Re Contract

16th Jan 2013 07:01

ROLLS-ROYCE HOLDINGS PLC - Re Contract

ROLLS-ROYCE HOLDINGS PLC - Re Contract

PR Newswire

London, January 15

16 January 2013 ROLLS-ROYCE WINS $75M CONTRACT TO STRENGTHEN ROLE IN CHINA'S ENERGY INFRASTRUCTURE

Rolls-Royce, the global power systems company, today announced a $75millioncontract to supply PetroChina with equipment and related services to power theflow of natural gas through Line 3 of the West-East Pipeline Project (WEPP),the world's longest pipeline and a crucial element of China's drive towardscleaner energy consumption.

Rolls-Royce will supply PetroChina with an additional six RB211-driven pipelinecompressor units, bringing the total number of RB211 units sold forinstallation on China and Central Asia's vast natural gas pipeline network to56.

Andrew Heath, Rolls-Royce, President - Energy said: "Rolls-Royce has a strongtrack record of delivering reliable technology and services to underpin China'sgrowing energy infrastructure. We are delighted to extend our role in theWest-East Pipeline Project which uses cleaner, greener energy to boost China'seconomic growth and ensure greater security of electricity supply to China'sfast-developing cities."

When completed in 2015, the 7,000km WEPP Line 3 will link China's westernXinjiang autonomous region to Fuijan province in the south-east, transportingup to 30 billion cubic meters of gas per year.

Rolls-Royce, which has provided equipment to WEPP since 2004, will manufactureand package the equipment at its energy facilities in Montreal, Quebec, Canadaand Mount Vernon, Ohio, U.S.A.

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Notes to Editors:

1. Rolls-Royce is a world-leading provider of power systems and services foruse on land, at sea and in the air, and has established a strong position inglobal markets - civil aerospace, defence aerospace, marine and energy.

2. As a result of this strategy, Rolls-Royce has a broad customer basecomprising more than 500 airlines, 4,000 corporate and utility aircraft andhelicopter operators, 160 armed forces, more than 4,000 marine customers,including 70 navies, and energy customers in more than 80 countries.

3. Annual underlying revenue was £11.3 billion in 2011, of which more than halfcame from the provision of services. The firm and announced order book stood at£60.1 billion at 30 June 2012, providing visibility of future levels ofactivity.

4. Rolls-Royce employs over 40,000 people in offices, manufacturing and servicefacilities in over 50 countries. Over 11,000 of these employees are engineers.

5. In 2011, Rolls-Royce invested £908 million on research and development, twothirds of which had the objective of further improving the environmentalperformance of its products, in particular reducing emissions.

6. Rolls-Royce supports a global network of 28 University Technology Centres,which connect the company's engineers with the forefront of scientificresearch.

7. The Group has a strong commitment to apprentice and graduate recruitment andto further developing employee skills.

For further information, please contact:

Investors: Simon Goodson Director - Investor Relations Rolls-Royce plc Tel: +44 (0)20 7227 9237 [email protected] Media: Josh Rosenstock Director of External Communications Rolls-Royce plc Tel: +44 (0)20 7227 9163 [email protected]

www.Rolls-Royce.com


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