DECILLION LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1998/011692/06)
Share code: DEC ISIN: ZAE000017612
("Decillion" or "the company")
RESULT OF THE CAPITALISATION AWARD
Further to the announcement dated 20 March 2002, shareholders are advised
that elections to receive the cash alternative of 6,0 cents per ordinary
share were made in respect of a total of 60 383 850 ordinary shares in the
company, resulting in the declaration of a total cash dividend of R3,6
million for the year ended 31 December 2001.
The capitalisation award has been determined according to a ratio of 6,93588
new ordinary shares for every 100 ordinary shares held on Friday, 12 April
2002.
Pursuant to the capitalisation share award, 9 295 454 new ordinary shares
will be issued.
Accordingly, the issued ordinary share capital of the company has increased
by 9 295 454 ordinary shares from 194 403 538 ordinary shares to 203 698 992
ordinary shares.
Listing of new ordinary shares
The maximum number of capitalisation shares, i.e. 13 483 596 shares, were
listed on Monday, 8 April 2002 and an adjustment to that number will be made
today to take account of the actual number of capitalisation shares issued.
Allotment of new ordinary shares and payment of dividend
The new ordinary shares to be issued pursuant to the capitalisation award
will be allotted today. Cheques in respect of the cash election will be
posted to certificated shareholders today. The CSDP / broker accounts of
dematerialised shareholders will be credited with the relevant amounts due
today.
Johannesburg
15 April 2002
CORPORATE ADVISER AND SPONSOR
BARNARD JACOBS MELLET CORPORATE FINANCE (PTY) LTD
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