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Mon 23 Aug 2010, 17:42 CVN - Convergenet Holdings Limited - Acquisition of additional
CVN
CVN                                                                             
CVN - Convergenet Holdings Limited - Acquisition of additional                  
interest in Sizwe Africa IT Group (PROPRIETARY) LIMITED ("SIZWE")               
CONVERGENET HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/015580/06)                                            
Share code:  CVN        ISIN:  ZAE000102067                                     
("ConvergeNet" or "the Company")                                                
ACQUISITION OF ADDITIONAL INTEREST IN SIZWE AFRICA IT GROUP                     
(PROPRIETARY) LIMITED ("SIZWE")                                                 
With regard to the above announcement published on SENS on 12 August            
2010 shareholders are advised that whilst the fairness opinion has              
been submitted to the JSE it is still pending approval by the JSE               
Limited. In addition, shareholders are advised that Moore Stephens              
(Jhb) Corporate Finance (Pty) Limited will merge with BDO Corporate             
Finance (Pty) Limited with effect from 1 September 2010 and the                 
fairness opinion will be signed off jointly between Moore Stephens              
(Jhb) Corporate Finance (Pty) Limited and BDO Corporate Finance                 
(Pty) Limited.                                                                  
Johannesburg                                                                    
23 August 2010                                                                  
Sponsors                                                                        
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 23/08/2010 17:42:02 Produced by the JSE SENS Department.                  
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