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Stockwatch- Rotary Engineering (S'pore), Contracts Secured From Shell Eastern Petroleum announced 25 Oct 2006

The Directors of Rotary Engineering Limited are pleased to announce that the Company has secured contracts worth S$15.5m from Shell Eastern Petroleum (Pte) Ltd for part of the early works at its Bukom Shell Houdini Project (the "Project).

The contracts are expected to last 12 months.Positive contribution is expected from this Project but the Company does not expect any material impact on the net tangible assets and earnings per share of the Company for the financial year ending 31 December 2006.

posted by gsg @ 1:47 AM