YABENG INVESTMENT HOLDING COMPANY LIMITED
Registration No. 1983/070126/06)
("Yabeng" or "the Company")
NOTICE OF PAYMENT TO SHAREHOLDERS
AND
NOTICE OF CHANGE IN TRANSFER SECRETARIES
Notice of payment to shareholders
With reference to the Circular to shareholders issued on Thursday 17 May
2001, shareholders are advised that Yabeng has disposed of 4 416 700 shares
in Sun International (South Africa) Limited ("SISA") for a net sale
consideration of R9 664 295. The capital gain on disposal is R6 575 067.
A further capital repayment of 20 cents per share will be paid to
shareholders registered in the Company's register on Friday, 21 September
2001. Dealing in Yabeng shares during the week ending
21 September 2001 will be for immediate settlement in respect of this
payment. Cheques making payment of the 20 cents per share will be posted to
shareholders on or about Friday, 28 September 2001.
Yabeng continues to hold 4 483 300 SISA shares. In view of the market
conditions currently prevailing, the Directors of Yabeng consider that it is
not in the best interests of Yabeng or its shareholders to dispose of these
shares at this stage. Yabeng will complete the disposal of its shareholding
in SISA as soon as the Yabeng Board considers that it is appropriate to do
so. A further capital repayment will then be made to shareholders, details
of which will be announced through SENS and in the press.
Shareholders are accordingly advised to exercise caution when dealing in the
Company's shares until a further announcement is made.
Notice of change in Transfer Secretaries
Computershare Services Limited ("Computershare") has been appointed as
Transfer Secretaries of Yabeng with effect from 1 October 2001.
Computershare will act as Yabeng's independent registry agent and provide
Registration Services for Yabeng from that date.
All correspondence relating to shares in Yabeng should be addressed to
Computershare with effect from 1 October 2001 at:
Edura House, 41 Fox Street, Johannesburg 2001
PO Box 61051, Marshalltown 2107
Computershare's Call Centre and web address are:
Call Centre: 086 1100 950 or (011) 370 7700
Web address: www.computershare.com
12 September 2001
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