UBU
UBU
UBU - Ububele Holdings Limited - Ububele concludes new financing facility
UBUBELE HOLDINGS LIMITED
(Formerly Milkworx Limited)
Incorporated in the Republic of South Africa
Registration number 1998/011074/06
Share code: UBU
ISIN code: ZAE000140182
("Ububele" or "the Company")
UBUBELE CONCLUDES NEW FINANCING FACILITY
Ububele is pleased to advise shareholders that it has concluded a new financing
facility with the Land and Agricultural Development Bank of South Africa ("Land
Bank").
In terms of the new facility Ububele has R60 million available for working
capital and R30 million available for new acquisitions, on a draw down basis.
The new facility replaces all previous facilities of Ububele.
The new relationship with the Land Bank will allow Ububele to explore tailor
made funding arrangements with the Land Bank for specific projects going
forward.
Cape Town
1 October 2010
Designated Advisor
PSG Capital (Pty) Limited
Date: 01/10/2010 11:57:08 Produced by the JSE SENS Department.
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