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Fri 29 Aug 2008, 16:23 ATR - Actowers - Placement of shares with offshore institutions
ATR
ATR                                                                             
ATR - Actowers - Placement of shares with offshore institutions                 
Africa Cellular Towers Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2000/027374/06)                                            
(JSE code: ATR & ISIN: ZAE000088084)                                            
("ACTOWERS" or "the company")                                                   
PLACEMENT OF SHARES WITH OFFSHORE INSTITUTIONS                                  
Shareholders are advised that Mr Kruger placed shares with an international     
investment fund.                                                                
In terms of paragraph 3.63 to 3.65 of the JSE Limited Listings Requirements, the
following information relating to the sale of ordinary shares by a director of  
ACTOWERS is disclosed as follows:                                               
Name of director:                            CJJ Kruger                         
Date of transaction:                         29 August 2008                     
Nature of transaction:                       Sale                               
Price:                                       210 cps                            
Number of shares:                            1 905 150                          
Total amount:                                R4 000 815.00                      
Class of security:                           Ordinary Shares                    
Nature of interest:                          Indirect Beneficial                
Clearance obtained:                          Yes                                
29 August 2007                                                                  
Johannesburg                                                                    
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 29/08/2008 16:23:01 Produced by the JSE SENS Department.                  
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