Approval
Southern African Investments Limited
Incorporated in the Republic of South Africa
(Registration number: 1941/014601/06)
Share Code: SIL ISIN Code: ZAE000013041
("SAIL")
ANNOUNCEMENT REGARDING A DATE CHANGE FOR COMPETITION COMMISSION APPROVAL
Further to the circular posted to SAIL shareholders on 21 December 2001,
detailing the acquisition by SAIL of 100% of the issued share capital of
Vodacom Sport and Entertainment (Proprietary) Limited ("the VSE
acquisition"), BoE Securities (Pty) Ltd is authorised to announce that due
to the large number of transactions currently before the Competition
Commission, it has extended the time period by which it must consider the
VSE acquisition to 28 February 2002. Accordingly, all the parties to the VSE
acquisition have agreed in terms of the VSE acquisition agreement to extend
the time by which Competition Commission approval for the VSE transaction
must be obtained, to
28 February 2002.
Cape Town
1 February 2002
Corporate Adviser Sponsor
SAIL Capital (Pty) Ltd BoE Securities (Pty) Ltd
(Registration No.: 1966/007351/07) (Registration No.: 1995/012240/07)
(Member of the JSE)
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