DLV
DLV
DLV - Dorbyl Limited - Property disposal transaction of no force and effect
DORBYL LIMITED
(Incorporated in the Republic of SA)
(Registration Number 1911/001510/06)
(Share Code: DLV ISIN: ZAE 000002184)
("Dorbyl")
Property disposal transaction of no force and effect
In an announcement dated 6 March 2008, shareholders were advised that Dorbyl
had entered into an agreement ("the agreement") in terms of which, subject to
the fulfilment of a number of conditions precedent, Dorbyl would sub-divide and
dispose of approximately 40% of the property situated at Struandale, Port
Elizabeth to Landport Cement (Pty) Limited ("the purchaser") ("the disposal").
Shareholders are advised that, due to the non-fulfilment of certain conditions
precedent by the purchaser, the agreement is of no further force and effect and
the disposal will not be implemented.
Johannesburg
8 May 2008
Sponsor
PSG Capital (Pty) Limited
Date: 08/05/2008 15:00:01 Produced by the JSE SENS Department.
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