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Thu 1 Sep 2011, 9:47 SKY - Sea Kay Holdings Limited - Fulfilment of condition precedent and
SKY
SKY                                                                             
SKY - Sea Kay Holdings Limited - Fulfilment of condition precedent and          
withdrawal of the Cautionary Announcement                                       
SEA KAY HOLDINGS LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 2006/004967/06)                                            
JSE code: SKY                                                                   
ISIN: ZAE000102380                                                              
("Sea Kay" or "the company")                                                    
FULFILMENT OF CONDITION PRECEDENT RELATING TO THE SALE OF SILVER FALCON TRADING 
487 (PTY) LIMITED, SERISO 474 (PTY) LIMITED AND CERTAIN EQUIPMENT ("THE         
TRANSACTIONS") AND WITHDRAWAL OF THE CAUTIONARY ANNOUNCEMENT                    
FULFILMENT OF CONDITION PRECEDENT                                               
Further to the announcement dated 25 August 2011 shareholders are advised that  
Sea Kay has obtained irrevocable commitments to vote in favour of the           
abovementioned transactions from shareholders representing more than 50% of the 
shares held by the independent shareholders of Sea Kay.  A circular to          
shareholders, containing full details of the transactions, will be posted to    
shareholders on or about 15 September 2011.                                     
WITHDRAWAL OF THE CAUTIONARY ANNOUNCEMENT                                       
Having regard to the information contained in this announcement, the cautionary 
announcement is withdrawn.                                                      
Johannesburg                                                                    
1 September 2011                                                                
Sponsor                                                                         
Vunani Corporate Finance                                                        
Date: 01/09/2011 09:47:05 Produced by the JSE SENS Department.                  
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