ASSURANCE STATEMENT

Independent assurance statement by Deloitte & Touche to Murray & Roberts Holdings Limited on their sustainability indicator disclosure and their self-declared Global Reporting Initiative G3.1 application level in their annual integrated report 2012 (“the Report”)

Scope of our work

Murray & Roberts engaged us to perform limited assurance procedures for the year ended 30 June 2012 on the self-declared Global Reporting Initiative G3.1 Guidelines (“GRI G3.1”) B+ application level and the following subject matter:

	Corporate social investment in community programs (Rm)
	Letsema broad-based community commitments (Rm)
	Statement of total value added
	Significant fines paid (Rm)
	Total number of bursars and percentage of bursars who are black and female
	Graduate recruitment and percentage of graduates who are black and female
	Leadership Development Program attendance and percentage of participants who are black and female
	Percentage of employees covered by collective bargaining agreements
	Composition of governance bodies
	Number of fatalities
	Lost time injury frequency rate
	Total recordable case rate
	Percentage of employees covered by ISO 9001
	Percentage of employees covered by ISO 14001
	Percentage of employees covered by OSHAS 18001
	Bursaries awarded by the Letsema Employee Benefits Trust
	Cumulative wealth created through Letsema BBBEE share ownership transaction (Rm)
	Verified preferential procurement spend (Rm)

Assurance process and standard

We conducted our limited assurance engagement in accordance with the International Standard on Assurance Engagements 3000, “Assurance Engagements Other Than Audits or Reviews of Historical Financial Information” (ISAE 3000). To achieve limited assurance, ISAE 3000 requires that we review the processes and systems used to compile information in the areas on which we provide assurance. This provides less assurance and is substantially less in scope than a reasonable assurance engagement.

The evaluation criteria used for our assurance are the Murray & Roberts definitions and basis of reporting. GRI G3.1 served as the criteria used for the application level assurance.

Key procedures

Considering the risk of material error, our multi-disciplinary team of sustainability assurance specialists planned and performed our work to obtain all the information and explanations we considered necessary to provide sufficient appropriate evidence on which we base our conclusion. Our work was planned to mirror Murray & Robert’s own group level compilation processes.

Key procedures we conducted included:

	Gaining an understanding of Murray & Robert’s systems through interview with management responsible for reporting systems at corporate head office and site level; and
	Reviewing the systems and procedures to capture, collate, aggregate, validate and process source data for the assured performance data included in the Report.

Our conclusion

Based on our examination of the evidence obtained, nothing has come to our attention which causes us to believe that the selected sustainability performance indicators are not fairly presented.

Based on the work performed on the report, nothing has come to our attention that causes us to believe that, management’s declaration of an application level B+ in terms of the Global Reporting Initiative G3.1 Guidelines is not fairly stated.

Responsibilities of directors and independent assurance provider

The directors are responsible for the preparation of the annual integrated report, including the implementation and execution of systems to collect required sustainability data.

Our responsibility is to express our limited assurance conclusion on the sustainability performance data for the year ended 30 June 2012.

This report is made solely to Murray & Roberts in accordance with our engagement letter. Our work has been undertaken so that we might state to the company those matters we are required to state to them in a limited assurance report and for no other purpose. Thus, we do not accept or assume responsibility to anyone other than Murray & Roberts for our work, for this report, or for the conclusions we have formed.

Deloitte and Touche
Registered Auditor

Per – AN le Riche
Partner
11 September 2012

1st Floor, The Square, Cape Quarter, 27 Somerset Road,
Greenpoint, Cape Town, 8005

National Executive: LL Bam Chief Executive, AE Swiegers Chief Operating Officer, GM Pinnock Audit, DL Kennedy Risk Advisory, NB Kader Tax, L Geeringh Consulting & Clients &Industries, JK Mazzocco Talent & Transformation, CR Beukman Finance, M Jordan Strategy, S Gwala Special Projects, TJ Brown Chairman of the Board, MJ Comber Deputy Chairman of the Board, Regional Leader GC Fannin

A full list of partners is available on request