Graphene Nanochem PLC (fka GRPEF)

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03 October 2014


For Immediate Release 3 October 2014

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

Malaysia Green Technology Award

Graphene NanoChem (AIM: GRPH), the performance nanochemicals and advanced materials company, is pleased to announce that the Scomi-Platinum joint venture company ("Scomi-Platinum JVCo") has been awarded up to GBP9.4 million in Government-backed debt guarantee for its Plat Drill Series and performance chemicals Facility ("the Facility").

The guarantees from the Malaysian government ("Government") include:

-- Providing Government guarantees for up to 60% of debt financing package, subject to a maximum amount of GBP9.4 million, for the construction of the Facility ("Project Debt Financing");

-- Subsidising 2% of the total interest charged by the financial institutions providing the Project Debt Financing.

The Facility in Port Klang, Malaysia provides high quality earnings, with high visibility, over a long period of time with guaranteed offtake of 135,000 tonnes of the PlatDrill Series over a period of 5 years from Scomi Oiltools.

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "We are delighted by the award from the Malaysian Government, further validating our innovative technology platform".

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