Shaft Sinkers : Fatality

6 October 2014

Shaft Sinkers Holdings plc

("Shaft Sinkers")

Fatality at Styldrift

Shaft Sinkers Holdings plc (LSE:SHFT), the international shaft sinking and underground construction group, regrets to announce that an employee was fatally injured at its Styldrift project in South Africa on Saturday 4 October.

Shaft Sinkers expresses its deepest condolences to the family, relatives and friends of the deceased worker, Mr. Simon Chuhungo Xadreque .

Shaft Sinkers has dispatched a team to the site, and a full and thorough investigation is underway to determine the causes of the accident.

- Ends - 

For further information:

Shaft Sinkers Holdings plc+44 (0) 787 595 1362

Alon Davidov, Chief Executive Officer

Chris Hall, Chief Financial Officer

Aura Financial                                                +44 (0) 207 321 0000

Michael Oke / Andy Mills

Notes to editors

Shaft Sinkers

Shaft Sinkers Holdings specialises in the sinking of particularly deep and wide vertical and decline shafts and the development of underground infrastructure, used primarily in mining and hydropower applications.

The Group is a world leader in vertical shaft sinking with a focus on particularly deep and/or wide vertical shafts. It has the capability to sink shafts through all types of rock strata, including running sands and clay. The Group works principally for established mining and infrastructure companies.

Historically, the Group has completed projects in over 20 countries worldwide across Africa, Europe, South America, the Middle East, Asia and Australia. The Group was responsible for sinking one of the deepest ever man and material South African shafts, a secondary shaft at the Western Deep Levels to a depth of 3,131 metres below bank.