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Thu 15 Apr 2010, 12:00 AFR - AFGRI Limited - Disposal of Lowveld Branches to MGK Operating Company
AFR
AFR                                                                             
AFR - AFGRI Limited - Disposal of Lowveld Branches to MGK Operating Company     
(Pty) Ltd ("MGK")                                                               
AFGRI Limited                                                                   
Registration Number: 1995/004030/06                                             
(Incorporated in the Republic of South Africa)                                  
ISIN: ZAE000040549                                                              
JSE share code: AFR                                                             
("AFGRI" or "the Company")                                                      
DISPOSAL OF LOWVELD BRANCHES TO MGK OPERATING COMPANY (PTY) LTD ("MGK")         
AFGRI wishes to inform shareholders that further to the announcement on 22      
July 2009, all the conditions precedent relating to the disposal of 10 retail   
branches in the Lowveld area to MGK ("the Transaction") have been fulfilled,    
including Competition Commission approval. Accordingly the Transaction will     
now be implemented according to its terms as detailed in the announcement of    
22 July 2009.                                                                   
Centurion                                                                       
14 April 2010                                                                   
Investec Bank Limited                                                           
Date: 15/04/2010 12:00:04 Produced by the JSE SENS Department.                  
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