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Fri 14 Oct 2011, 8:27 PSV - PSV Holdings Limited - Finalisation of the group line projects (PTY) Ltd
PSV
PSV                                                                             
PSV - PSV Holdings Limited - Finalisation of the group line projects (PTY) Ltd  
disposal                                                                        
PSV HOLDINGS LIMITED                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/004365/06)                                            
JSE code: PSV                                                                   
ISIN: ZAE000078705                                                              
("PSV")                                                                         
FINALISATION OF THE GROUP LINE PROJECTS (PTY) LTD DISPOSAL                      
Further to the transaction announcements, dated 10 June 2011, 14 July 2011 and  
18 August 2011, the Board of PSV has pleasure in announcing that all conditions 
precedent relating to the disposal of Group Line Projects (Pty) Ltd has been    
met and that the disposal is now unconditional in all respects.                 
As previously advised the consideration received will be utilised to settle     
interest bearing debt                                                           
Johannesburg                                                                    
14 October 2011                                                                 
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 14/10/2011 08:27:01 Produced by the JSE SENS Department.                  
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