NTC - Network Healthcare Holdings - Acquisition of
NTC
NTC
NTC - Network Healthcare Holdings - Acquisition of community hospital group
NETWORK HEALTHCARE HOLDINGS LIMITED
(Registration number 1996/008242/06)
Code: NTC
ISIN number: ZAE000011953
("Netcare" or "the Group")
Acquisition of Community Hospital Group
The Board of Netcare is pleased to announce that on 2nd August 2007, the
Competition Tribunal ruled in favour of Netcare`s unconditional acquisition of
Community Hospital Group (CHG), a black empowerment company which manages five
hospitals in South Africa and in which Netcare currently owns 43,75%. Pursuant
to this ruling, Netcare will acquire the remaining 56.25% of CHG and own 100% of
CGH. This ruling will allow Netcare to complete its ownership of the five CHG
hospitals.
JOEL WOLPERT
Company Secretary
Tel No: (011) 301-0213
Fax No: (011) 301-0481
E-mail joel.wolpert@netcare.co.za
2 August 2007
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 03/08/2007 08:19:51 Produced by the JSE SENS Department.
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