Further Cautionary Announcement
SACOIL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1993/000460/06)
JSE share code: SCL
AIM share code: SAC
(“SacOil” or “the Company”)
FURTHER CAUTIONARY ANNOUNCEMENT
In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 and with reference to the cautionary announcement published on 2 September 2011 and the further cautionary announcements published on 13 October 2011, 24 November 2011, 10 January 2012, 21 February 2012 and 4 April 2012 on the Stock Exchange News Service of the JSE and on the Regulatory News Service of the London Stock Exchange, SacOil shareholders (“Shareholders”) are advised that the Company is still in the process of considering various proposals and potential transactions, which if successfully concluded, may have a material effect on the price of SacOil ordinary shares (“Shares”).
Accordingly, Shareholders are advised to continue to exercise caution when dealing in their Shares until a further announcement is made in this regard.
22 May 2012
For further information, please contact:
AIM Nominated Adviser and Joint Broker
Matthew Robinson / Christopher Raggett
Tel: +44 (0)20 7220 0500
Joint Broker UK
First Energy Capital
Majid Shafiq / Travis Inlow
Tel: +44 (0) 20 7448 0200
Public Relations (South Africa)
The Riverbed Agency
Raphala Mogase / Bongiwe Moeli
Tel: +27 (0) 11 783 7903
Public Relations (United Kingdom)
Pelham Bell Pottinger
Philip Dennis / Nick Lambert / Rollo Critchton-Stuart
Tel: +44 (0)20 7861 3232
IMPORTANT NOTICE TO SHAREHOLDERS REGARDING THEIR SHARES
If you are in any doubt as to what action you should take, consult your CSDP, Broker, Banker, Legal Adviser, Accountant or other professional advisers immediately.
Or visit our Shareholder Information page for more information regarding your shareholding and share certificate.