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Tue 10 Mar 2009, 13:53 MCU - m Cubed - Further Update To Mcubed Shareholders
MCU
MCU                                                                             
MCU - m Cubed - Further Update To Mcubed Shareholders                           
m Cubed Holdings Limited                                                        
Incorporated in the Republic of South Africa                                    
Registration number: 1998/014568/06                                             
Share code: MCU     ISIN: ZAE000033353                                          
("m Cubed" or "the company")                                                    
FURTHER UPDATE TO MCUBED SHAREHOLDERS                                           
1.   We refer to the last update to m Cubed shareholders published on SENS on   
    5 February 2009. Shareholders are hereby advised that the board and audit   
    committee of m Cubed are of the opinion that the company will be in a       
    position to disclose the reviewed financial results for the year ended 29   
February 2008, by the end of March 2009.                                    
2.   Furthermore we refer to the settlement details of the tax assessment with  
    the South African Revenue Services ("SARS") and wish to advise              
    shareholders that the terms of the settlement are still subject to          
confidentiality undertakings as imposed by SARS on m Cubed.  The            
    financial effects of the settlement will however be disclosed in the        
    aforementioned reviewed financial results to be released by the end of      
    March 2009.                                                                 
3.   Shareholders are further advised that the trading in m Cubed shares on     
    the JSE Limited ("JSE") will remain suspended until further notice.         
10 March 2009                                                                   
Stellenbosch                                                                    
PSG Capital (Pty) Limited - Sponsor                                             
Date: 10/03/2009 13:53:01 Produced by the JSE SENS Department.                  
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