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Tue 14 Sep 2010, 11:37 BNT - Bonatla Property Holdings Limited - Update on proposed acquisition of
BNT
BNT                                                                             
BNT - Bonatla Property Holdings Limited - Update on proposed acquisition of     
property                                                                        
BONATLA PROPERTY HOLDINGS LIMITED                                               
Incorporated in the Republic of South Africa                                    
Registration Number 1996/014533/06                                              
Share Code: BNT                                                                 
ISIN Number: ZAE000013694                                                       
("Bonatla" or "the company")                                                    
UPDATE ON PROPOSED ACQUISITION OF PROPERTY                                      
Shareholders are advised that, subsequent to the completion of the due diligence
with regard to the acquisition of Sharemax Zambezi Retail Park Holdings Limited,
The Villa Retail Park Holdings Limited and The Villa Retail Park Holdings 2     
Limited, Bonatla has decided not to pursue these acquisitions. The due diligence
on the balance of the portfolio is proceeding.                                  
Written notice to this effect has been delivered to the vendors thereof.        
Houghton                                                                        
14 September 2010                                                               
Sponsor                                                                         
Arcay Moela Sponsors (Pty) Limited                                              
Date: 14/09/2010 11:37:02 Produced by the JSE SENS Department.                  
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