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Wed 7 Oct 2009, 14:53 BVT - The Bidvest Group Limited - Fulfilment of condition precedent
BVT
BVT                                                                             
BVT - The Bidvest Group Limited - Fulfilment of condition precedent             
THE BIDVEST GROUP LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1946/021180/06)                                            
Share code: BVT ISIN: ZAE000117321                                              
("Bidvest")                                                                     
FULFILMENT OF CONDITION PRECEDENT                                               
Bidvest shareholders are referred to the announcement dated August 3  2009      
("the August 3 Announcement") regarding the acquisition ("the Acquisition") by  
Bidvest of 100% of the issued share capital of Nowaco Czech Republic s.r.o      
("Nowaco"), and 100% of the issued share capital of Farutex Sp.zo.o ("Farutex").
Bidvest is pleased to advise that the condition precedent referred to in        
the August 3 Announcement, being European Union competition clearance, was      
fulfilled on September 25  2009. Accordingly, the Acquisition is unconditional  
and closure has been effected from today, Wednesday, October 7  2009.           
By order of the Board                                                           
Johannesburg                                                                    
October 7  2009                                                                 
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 07/10/2009 14:53:05 Produced by the JSE SENS Department.                  
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