Sotta Securitisation International Limited
Incorporated in the Republic of South Africa
(Registration number 1998/021729/06)
Share code: SOT; ISIN 000016929
("Sotta" or "the company")
RESULTS OF GENERAL MEETING
At a general meeting held on Tuesday, 18 December 2001, Sotta minority
shareholders approved resolutions inter alia converting their ordinary
shares into redeemable preference shares; the specific issue for cash to Mr
T Demetriades of ordinary shares at 3 cents per share; and the redemption of
the redeemable preference shares at 3 cents per share, thereby constituting
Mr T Demetriades and his associates as the sole shareholders in the company.
The JSE Securities Exchange South Africa has agreed to the termination of
the company's listing as at the commencement of trade on Thursday, 27
December 2001. Sotta shares will remain suspended until that time.
Action required
Minority shareholders who have surrendered their share certificates or other
documents of title will be posted a redemption payment on Monday, 24
December 2001 and need take no further action. Minority shareholders who
have not yet surrendered their ordinary share certificates or other
documents of title will be posted a second Form of Surrender which they are
requested to complete and send, together with their share certificates or
other documents of title, to the transfer secretaries, Computershare
Services Limited, 2nd Floor, Edura House, 41 Fox Street, Johannesburg, 2001
(PO Box 61051, Marshalltown, 2107).
T Demetriades 20 December 2001
Managing Sandton
director
Sponsor
LPC Manhattan Sponsors (Pty) Ltd
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