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Tue 5 Oct 2010, 17:26 MTL - Mercantile Bank Holdings Limited - Further Cautionary Announcement
MTL
MTL                                                                             
MTL - Mercantile Bank Holdings Limited - Further Cautionary Announcement        
Mercantile Bank Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1989/00164/06)                                             
Share Code: MTL                                                                 
ISIN: ZAE000064721                                                              
("Mercantile")                                                                  
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Further to the cautionary announcement dated 10 September 2010 relating to      
Mercantile`s BEE discussions, shareholders are advised that Mercantile and the  
relevant parties have agreed to terminate the current negotiations in light of  
prevailing international market conditions.                                     
Mercantile remains committed to empowerment at shareholder level and will       
continue to explore appropriate opportunities based on conducive market         
circumstances.                                                                  
Shareholders are therefore no longer required to exercise caution when dealing  
in their Mercantile shares.                                                     
Johannesburg                                                                    
5 October 2010                                                                  
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 05/10/2010 17:26:01 Produced by the JSE SENS Department.                  
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