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 Group”)
FURTHER CAUTIONARY ANNOUNCEMENT
In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 and with reference to the further cautionary announcement published on Thursday, 13 October 2011 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.
The Standard Bank of South Africa Limited
For further information please contact:
finnCap Limited (AIM Nominated Adviser and Joint Broker)
Matthew Robinson / Christopher Raggett +44 (0)20 7220 0500
Shore Capital Stockbrokers Ltd (Joint Broker – UK)
Jerry Keen / Bidhi Bhoma +44 (0) 20 7408 4090
The Riverbed Agency (Public Relations – SA)
Raphala Mogase / Bongiwe Moeli +27 (0) 11 783 7903
Public Relations (United Kingdom)
Philip Dennis/Nick Lambert/Rollo Critchton-Stuart +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.