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Fri 17 Aug 2007, 13:36 ABT - Ambit - Results Of General Meeting Announcem
ABT
 ABT                                                                             
ABT - Ambit - Results Of General Meeting Announcement                           
AMBIT PROPERTIES LIMITED(Registration number: 2001/007003/06)Share code: ABTISIN
code: ZAE000051645("Ambit" or "the Company")                                    
RESULTS OF GENERAL MEETING ANNOUNCEMENT                                         
Linked unitholders are referred to the circular to Ambit linked unitholders     
dated 26 July 2007 relating to the acquisition by Ambit of five commercial      
properties and the related rental enterprises ("the acquisition") and are       
advised that all the resolutions detailed in the notice of general meeting      
incorporated in the aforementioned circular were approved by the requisite      
majority of Ambit linked unitholders present or represented at the general      
meeting of unitholders held on 17 August 2007.                                  
Approval by the shareholders of Cape Empowerment Trust Limited ("CET") of the   
acquisition to which CET is a party is the only oustanding condition and        
shareholders of CET are meeting on Monday, 20 August 2007 to consider, inter    
alia, this matter. Ambit shall issue a further announcement on SENS on 20 August
2007 once the outcome of the CET meeting is known.                              
Johannesburg                                                                    
17 August 2007                                                                  
Financial advisor:                                                              
ABSA CAPITAL                                                                    
Sponsor:EXCHANGE SPONSORS (PTY) LIMITED                                         
Attorneys:                                                                      
CLIFFE DEKKER                                                                   
Date: 17/08/2007 13:36:40 Produced by the JSE SENS Department.                  
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