17th Feb 2005 07:00
Cape PLC17 February 2005 Cape announces significant new contract with British Nuclear Fuels plc Cape PLC, (AIM: CIU), the international provider of support services for theenergy sector, is pleased to announce that its subsidiary and sole operatingbusiness, Cape Industrial Services Limited ("CIS"), has been awarded asignificant new contract with British Nuclear Fuels plc ("BNFL"). Under the contract CIS will provide site wide access services includingscaffolding, rope access and powered access as sole supplier on BNFL's nuclearprocessing facility at Sellafield, Cumbria. The contract, which takes effectfrom 1 May 2005, is for an initial three year term with the option to renewannually thereafter for up to two further years. It has an estimated annualvalue of £6m. It is expected to be earnings enhancing from Q4 2005. Paul Ainley, Managing Director of Cape PLC, said, "We are delighted to have beenawarded this contract and continue our excellent working relationship with BNFL,having been a supplier of access services at Sellafield for more than tenyears." For further information, please contact: Cape PLCMartin May, Chairman +44 (0) 1924 876 276Paul Ainley, Managing Director +44 (0) 1924 876 281 Bell Pottinger Corporate & FinancialNick Lambert +44 (0) 20 7861 3232 / +44 (0) 7811 358 764 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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