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Tue 21 Aug 2007, 8:19 ABT - Ambit Properties Limited - Announcement
ABT
 ABT                                                                             
ABT - Ambit Properties Limited - Announcement                                   
AMBIT PROPERTIES LIMITED                                                        
(Registration number: 2001/007003/06)                                           
Share code: ABT                                                                 
ISIN code: ZAE000051645                                                         
("Ambit" or "the Company")                                                      
ANNOUNCEMENT                                                                    
Linked unitholders are referred to the "Results of general meeting              
announcement" disseminated on SENS on Friday, 17 August 2007 and 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, following the             
approval by the shareholders of Cape Empowerment Trust Limited ("CET") of       
the acquisition, to which CET is a party, at a general meeting of CET           
shareholders today, all required shareholder related resolutions have been      
passed.                                                                         
Johannesburg                                                                    
21 August 2007                                                                  
Financial advisor:                                                              
ABSA CAPITAL                                                                    
Sponsor:                                                                        
EXCHANGE SPONSORS (PTY) LIMITED                                                 
Attorneys:                                                                      
CLIFFE DEKKER INCORPORATED                                                      
Date: 21/08/2007 08:19:01 Produced by the JSE SENS Department.                  
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howsoever arising, from the use of SENS or the use of, or reliance on,          
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