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Tue 7 Aug 2007, 15:08 SOH - South Ocean - Fulfilment of the conditions p
SOH
 SOH                                                                             
SOH - South Ocean - Fulfilment of the conditions precedent to the proposed      
    acquisition of radiant group (Pty) Limited ("Radiant") by South Ocean       
South Ocean Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2007/002381/06)                                            
Share Code: JSE SOH & ISIN:ZAE000092748                                         
("South Ocean or the "the company")                                             
FULFILMENT OF THE CONDITIONS PRECEDENT TO THE PROPOSED ACQUISITION OF RADIANT   
GROUP (PTY) LIMITED ("RADIANT") BY SOUTH OCEAN ("THE ACQUISITION")              
FULFILMENT OF THE CONDITIONS PRECEDENT                                          
South Ocean shareholders are referred to the circular posted to shareholders    
on 23 July 2007, regarding the acquisition of Radiant and are advised that all  
conditions precedent have been fulfilled, namely:                               
* approval in general meeting by shareholders; and                              
* approval of the acquisition by the Competition Commission.                    
Alrode                                                                          
7 August 2007                                                                   
Investment bank and Sponsor to South Ocean                                      
Investec                                                                        
Date: 07/08/2007 15:08:16 Produced by the JSE SENS Department.
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