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Thu 31 May 2007, 16:57 SAL - Sallies - Briefing on rights offer
SAL
 SAL                                                                             
SAL - Sallies - Briefing on rights offer                                        
SALLIES LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1903/001879/06)                                            
Share code: SAL & ISIN: ZAE000022588                                            
("Sallies" or "the company")                                                    
BRIEFING ON RIGHTS OFFER                                                        
Shareholders are advised that the company`s executives will be briefing         
investors on the opening of its rights offer on Tuesday, 5 June and             
Wednesday, 6 June in Johannesburg and Cape Town respectively.                   
The presentation will take place at the Balalaika Hotel in Sandton,             
Johannesburg and the Mount Nelson in Cape Town. Both presentations will         
begin at 12h00.                                                                 
A PowerPoint presentation, to be made by the company`s executive giving an      
update on Sallies following the opening of the Sallies rights offer, will       
be posted on the Sallies website, www.sallies.co.za on Sunday evening, 3        
June 2007.  It can be found under the heading "Investor information".           
Johannesburg                                                                    
31 May 2007                                                                     
Sponsor                                                                         
Sasfin Capital                                                                  
A division of Sasfin Bank Limited                                               
Date: 31/05/2007 16:57:01 Produced by the JSE SENS Department.
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