PHM
PHM
PHM - Phumelela - Voluntary Announcement
Phumelela Gaming & Leisure Limited
(Incorporated in the Republic of South Africa)
(Registration number 1997/016610/06 )
Share code : PHM ISIN: ZAE000039269
VOLUNTARY ANNOUNCEMENT - NIGHT RACING PROJECT
Phumelela is pleased to advise Shareholders that the appeal lodged against the
Gauteng Department of Agriculture Conservation & Environment`s decision to
authorise the installation of light masts and lamps at Turffontein Racecourse
has been dismissed. The decision of the Head of Department authorizing the
project has been upheld and planning with the contractors will now resume.
Subject to any unknown constraints it is anticipated that the first night race
meeting will be held at Turffontein during the latter part of calendar 2008.
12 March 2008
Johannesburg
Sponsor and Investment Bank: Investec Bank Limited
Date: 13/03/2008 10:49:20 Produced by the JSE SENS Department.
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