| Mon 28 Jul 2008, 15:57 | | ITR - Intertrading Limited - Further detailed cautionary announcement |
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ITR
ITR
ITR - Intertrading Limited - Further detailed cautionary announcement
INTERTRADING LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1987/004777/06)
Share code ITR ISIN ZAE000015566
("Intertrading")
FURTHER DETAILED CAUTIONARY ANNOUNCEMENT
Further to the cautionary announcements dated 20 March, 5 May and 17 June 2008
respectively, shareholders are advised that Intertrading is still engaged in
negotiations which, if successfully concluded, may have a material effect on the
trading price of Intertrading`s securities.
The negotiations referred to above are expected to be concluded by or during
March 2009 as both Intertrading and the second party involved in the
negotiations are presently involved in resolving internal housekeeping policies
which are expected to be in place by no later than March 2009.
As this process is possibly going to take a further eight months to finalise,
shareholders are advised that, although Intertrading will remain under
cautionary until finalisation of these negotiations, it will not be issuing
renewal cautionary notices on a six weekly cycle, but will be updating
shareholders on a minimum of a 3 monthly cycle on SENS. However should anything
material occur, either prior to the 3 monthly update cycle or March 2009, an
announcement giving full details of such occurrence will be released on SENS and
in the press.
Accordingly, shareholders are advised to continue exercising caution when
dealing in the company`s securities until a full announcement is made.
JOHANNESBURG
28 July 2008
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 28/07/2008 15:57:03 Produced by the JSE SENS Department.
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