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Fri 30 Jul 2010, 11:00 SBG - Simeka Business Group Limited - Cautionary Announcement - Potential Black
SBG
SBG                                                                             
SBG - Simeka Business Group Limited - Cautionary Announcement - Potential Black 
Economic Empowerment transaction                                                
SIMEKA BUSINESS GROUP LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration No. 2003/012583/06)                                               
Share code: SBG    ISIN code: ZAE000074878                                      
("Simeka" or "the Company")                                                     
CAUTIONARY ANNOUNCEMENT - POTENTIAL BLACK ECONOMIC EMPOWERMENT                  
TRANSACTION                                                                     
Shareholders of Simeka are advised that the Company has entered into            
discussions regarding a potential Black Economic Empowerment                    
transaction ("the transaction").                                                
The full impact of the transaction on Simeka`s shareholders is currently being  
determined and may have a material effect on the price of the Company`s         
securities.  Accordingly, shareholders are advised to exercise caution when     
dealing in the shares of the Company until a further announcement is made.      
By order of the Board                                                           
Johannesburg                                                                    
30 July 2010                                                                    
Designated Advisor                                                              
Sasfin Capital                                                                  
(A division of Sasfin Bank Limited)                                             
Date: 30/07/2010 11:00:05 Produced by the JSE SENS Department.                  
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