BAW
BAW
BAW - Barloworld Limited - Sale of Ditch Witch of Georgia
Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Share code: BAW)
(ISIN: ZAE000026639)
("Barloworld")
Sale of Ditch Witch of Georgia
Barloworld Limited`s Industrial Distribution division has reached agreement to
sell its USA based Ditch Witch of Georgia business to Charles Machine Works,
Inc., the Ditch Witch principal and manufacturer. The sale price includes a
small premium over tangible net asset value and is effective April 27th 2007.
Clive Thomson, CEO of Barloworld said "The sale forms part of the recently
announced strategic actions which are proceeding according to schedule and we
hope to report further progress to shareholders shortly."
25 April 2007
Sandton
Sponsor: JPMorgan
Date: 25/04/2007 15:45:01 Produced by the JSE SENS Department.
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