The Laser Group Limited - Disposal of substantial portions of Laser`s property
portfolio is now unconditional
The Laser Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1971/010431/06)
(Share code: LSR ISIN: ZAE000017166)
(www.laser.co.za)
("Laser")
Disposal of substantial portions of Laser`s property portfolio is now
unconditional
Further to the circular issued to Laser`s shareholders dated 9 September 2002
("the circular"), and the results of general meeting announcement published on
SENS on 25 September 2002, regarding the disposal by Laser of substantial
portions of its property portfolio to Growthpoint Properties Limited ("the
disposal"), Laser`s shareholders are advised that all conditions precedent
relating to the disposal have been fulfilled, and as a result the disposal is
unconditional.
Cape Town
1 October 2002
Transaction sponsor and corporate advisor
Absa Corporate and Merchant Bank
Corporate Finance
Legal advisor
Bernadt Vukic Potash & Getz
Reporting accountants
Moores Rowland
Date: 01/10/2002 08:00:00 AM Produced by the JSE SENS Department
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