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Thu 25 Jul 2013, 17:00 SHERBOURNE CAPITAL LIMITED - Update on Mandatory Offer
SHB 201307250038A
Update on Mandatory Offer

Sherbourne Capital Limited
(Previously trading as IFCA Technologies Limited)
Incorporated in the Republic of South Africa
(Registration number 2006/030759/06)
Share code: SHB
ISIN: ZAE000165403
("Sherbourne" or “the Company”)


UPDATE ON MANDATORY OFFER


Shareholders are referred to the SENS announcement on 29 April 2011 and all subsequent
announcements relating to the mandatory offer to minority shareholders made by Decaweb (Pty)
Limited as a result of their shareholding surpassing 35% in Sherbourne (“the Mandatory Offer”)

The company wishes to advise the minority shareholders that payment is intended to be made in
respect of the Mandatory Offer on or about Thursday 8th August 2013.


Sandton

25 July 2013

Designated Adviser: Bridge Capital Advisors (Pty) Limited

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