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Tue 5 Mar 2013, 10:42 CARGO CARRIERS LIMITED - Update on Proposed Property Disposal by a Wholly-Owned Subsidiary and Cautionary Announcement
CRG 201303050023A
Update on Proposed Property Disposal by a Wholly-Owned Subsidiary and Cautionary Announcement

CARGO CARRIERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1959/003254/06)
Share code: CRG ISIN: ZAE000001764
("Cargo Carriers" or "the Company")


UPDATE ON THE PROPOSED PROPERTY DISPOSAL BY A WHOLLY-
OWNED SUBSIDARY OF CARGO CARRIERS AND CAUTIONARY
ANNOUNCEMENT


Shareholders are referred to the disposal of property announcement released on SENS
on 1 February 2013 and are advised that the suspensive conditions were not timeously
fulfilled, but that the parties are proceeding with negotiations. Shareholders are
accordingly advised to exercise caution when dealing in the company’s securities
until a further announcement is made.

Johannesburg
5 March 2013

Sponsors
Arcay Moela Sponsors (Pty) Ltd

Date: 05/03/2013 10:42:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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