BAW BAWP
BAW
BAW/BAWP - Barloworld Limited - Press Release - Barloworld sells shares in
Subaru Southern Africa to Toyota Tsusho Corporation
Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Share code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
("Barloworld or the Company")
PRESS RELEASE
BARLOWORLD SELLS SHARES IN SUBARU SOUTHERN AFRICA TO TOYOTA TSUSHO CORPORATION
Barloworld and Toyota Tsusho Corporation are pleased to announce that Toyota
Tsusho Corporation (Japan) and its subsidiary Toyota Tsusho Africa, have
acquired the remaining 50% shareholding in Subaru Southern Africa (Pty) Ltd
which was previously held by Barloworld. Effective 31 August 2010, Subaru
Southern Africa will be a wholly owned subsidiary of Toyota Tsusho Corporation.
Martin Laubscher, CEO Barloworld Automotive commented: "The transaction further
aligns Barloworld Automotive to our core business model."
For enquiries contact:
Barloworld Head of Investor Relations
Sibani Mngomezulu
+27 11 445 1000
email: invest@barloworld.com
01 September 2010
Sponsor:
J.P. Morgan Equities Limited
Date: 01/09/2010 07:30:01 Produced by the JSE SENS Department.
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