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D1 Oils Plc (NEOS)

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Monday 11 September, 2006

D1 Oils Plc

D1 Oils signs contract

D1 Oils Plc
11 September 2006



        D1 Oils Signs Jatropha Planting MOU with Government of Swaziland



11 September, 2006

D1 Oils Swaziland (D1) has signed a Memorandum of Understanding (MOU) with the
Government of the Kingdom of Swaziland for the planting of Jatropha curcas on
20,000 hectares of land. Planting will take place in the Middleveld and Lowveld
regions of the country and will begin this month. It is intended under the MOU
to increase future planting operations to cover up to 50,000 hectares. In
addition, D1 has signed a further MOU with World Vision, a leading Swazi
Non-Governmental Organisation (NGO), to plant an additional 3,000 hectares with
jatropha. Planting under both agreements will be carried out by contract
farming. D1 will provide technical advice and seeds for planting and enter into
offtake agreements with farmers to purchase the harvested seed. Planting is
expected to be conducted over the next three years.


D1 has operated in Swaziland since 2005 and currently has around 400 hectares of
jatropha planted in the Croydon and Hluti areas. D1 has a jatropha nursery in
Hluti to produce seedlings required for planting. The company plans to establish
its African Regional Development Centre (RDC) for research into the cultivation
of jatropha in Hluti.

Elliott Mannis, Chief Executive Officer of D1 Oils plc, said, 'These agreements
demonstrate both our ability to expand our agronomy operations in Southern
Africa and the depth of support we are receiving from the Government of the
Kingdom of Swaziland to build a sustainable jatropha-based biodiesel industry.
We believe that rural communities in Swaziland stand to benefit significantly
from the increase in rural employment that we are facilitating through the
planting of jatropha as an energy crop. Our operations have already created over
200 jobs in communities that previously depended on subsistence farming and we
expect planting to create thousands of jobs in the long term.'


Contacts


D1 Oils:

Graham Prince, Head of Corporate Communications
Tel:    +44 (0) 1642 755580
Mobile: +44 (0) 7973 323840


Brunswick Group:
Kevin Byram / Mark Antelme
Tel: +44 (0) 20 7404 5959



Notes to Editors


D1 Oils Swaziland is a 50:50 joint venture between D1 Oils Trading Limited (a
wholly owned subsidiary of D1 Oils plc) in the UK and the Ning Group of
Swaziland.


D1 Oils plc is a UK-based global producer of biodiesel. We are building a global
supply chain and network that is sustainable and delivers value from 
'earth-to-engine'. Our operations cover agronomy, refining and trading. We are
pioneering the science, planting and production of inedible vegetable oils; we
design, build, own, operate and market biodiesel refineries; and we source,
transport and trade seeds and seedlings, seedcake, crude vegetable oils and
biodiesel. Our vision is to be the world's leading biodiesel business.




                      This information is provided by RNS
            The company news service from the London Stock Exchange