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Mon 13 Jul 2009, 14:59 VUN - Vunani Limited - Fulfilment of the conditions precedent relating to the
VUN
VUN                                                                             
VUN - Vunani Limited - Fulfilment of the conditions precedent relating to the   
subscription for 40% of the issued share capital of Civils 2000 Holdings        
(Proprietary) Limited                                                           
VUNANI LIMITED                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/020641/06)                                            
JSE code: VUN                                                                   
ISIN: ZAE000110359                                                              
("Vunani")                                                                      
FULFILMENT OF THE CONDITIONS PRECEDENT RELATING TO THE SUBSCRIPTION FOR 40% OF  
THE ISSUED SHARE CAPITAL OF CIVILS 2000 HOLDINGS (PROPRIETARY) LIMITED ("CIVILS 
2000")                                                                          
Shareholders are referred to the announcement, dated 4 March 2009, relating to  
the subscription for 40% of the issued share capital of Civils 2000 and are     
advised that all the conditions precedent relating thereto have now been        
fulfilled and accordingly the transaction has become unconditional.             
Sandton                                                                         
13 July 2009                                                                    
Lead Designated Adviser                                                         
Grindrod Bank Limited                                                           
Corporate and Joint Designated Adviser                                          
Vunani Corporate Finance                                                        
Date: 13/07/2009 14:59:01 Produced by the JSE SENS Department.                  
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