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Fri 6 Feb 2009, 10:44 AFO - Aflease - High Court Sanctions Scheme Of Arrangement
AFO
AFO                                                                             
AFO - Aflease - High Court Sanctions Scheme Of Arrangement                      
Aflease Gold Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1984/006179/06)                                            
JSE Share code: AFO                                                             
ISIN: ZAE000075867                                                              
International Prime QX (OTCQX): AFSGY                                           
("Aflease")                                                                     
HIGH COURT SANCTIONS SCHEME OF ARRANGEMENT                                      
Aflease is pleased to advise shareholders that the Transvaal Provincial         
Division of the High Court of South Africa ("TPD") on Tuesday, 3 February       
2009, ordered that the scheme of arrangement between Aflease and its            
ordinary shareholders be sanctioned in terms of section 311 of the Companies    
Act, 1973, and declared it to be binding on Aflease and its shareholders        
("order"). The TPD further ordered that the scheme not be implemented until     
all of the conditions listed in paragraph 7, pages 36 to 37 of the circular     
to Aflease shareholders issued on Friday, 19 December 2009, have been           
fulfilled or waived. The order has been lodged with the Companies and           
Intellectual Property Registration Office for registration.                     
Shareholders are reminded that the implementation of the scheme remains         
subject to the fulfilment or waiver (where permitted) of a number of            
conditions which were specified in the announcement released on 29 January      
2009.                                                                           
Parktown, Johannesburg                                                          
6 February 2009                                                                 
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED                                    
Corporate adviser and sponsor in South Africa                                   
DENEYS REITZ INC.                                                               
Attorneys to Aflease - South Africa                                             
Date: 06/02/2009 10:44:01 Produced by the JSE SENS Department.                  
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