CAE - Cape Empowerment Trust - Clarification Of Th
CAE
CAE
CAE - Cape Empowerment Trust - Clarification Of The Report By The
Directorate Of Market Abuse
Cape Empowerment Trust Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/014606/06)
("CET" or "the company")
Share Code: CAE ISIN: ZAE000016952
CLARIFICATION OF THE REPORT BY THE DIRECTORATE OF MARKET ABUSE
Shareholders are referred to the report by the Directorate of Market Abuse
("DMA") of the Financial Services Board ("FSB") released on 27 November 2007.
Shareholders are advised that the FSB has confirmed that the insider trading
investigation referred to in that announcement does not in any way involve the
company nor does it represent an investigation into the affairs of the company
and that, accordingly, no action is being considered against the company or its
chairman.
It is understood that the DMA is taking legal action against a director of CET
(who did not trade) and two directors of other group companies for alleged
contraventions of the applicable legislation. CET will keep shareholders
informed of the final outcome of the investigation and any legal action to be
taken by the FSB.
Cape Town
28 November 2007
Date: 28/11/2007 16:17:53 Produced by the JSE SENS Department.
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