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GOOD CAPE LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/006274/06)
Share code : GDC ISIN : ZAE000015590
("Good Cape")
SALIENT DATES OF THE OFFER TO MINORITY SHAREHOLDERS
Shareholders are referred to the circular to shareholders dated 30 December 2002
and the results of General Meeting announcement published on SENS on 14 January
2003.
As a result of the acceptance of the transactions proposed at the general
meeting held on 14 January 2003, Edge to Edge 188 (Proprietary) Limited ("Edge
to Edge") is obliged to extend a mandatory offer of 10.125 cents per share to
minority shareholders of Good Cape. As the offer was not extended within 30 days
of the General Meeting, Edge to Edge is also obliged to pay interest to
shareholders who accept the offer. This interest payment will amount to 0.101
cents per share which is in addition to the offer price of 10.125 cents per
share.
The salient dates of the offer are as follows:
2003
Offer opens at 09h00 on Friday, 14 March
Last date to trade to take up the Friday, 4 April
offer
Date from which shares trade ex Monday, 7 April
entitlement to participate in the
offer
Record date Friday, 11 April
Offer closes at 14h00 (see note 1 and Friday, 11 April
2) on
Pay date on which cheques posted to or
directly deposited in bank accounts of
certificated shareholders and accounts Monday, 14 April
credited at CSDP or broker in respect
of dematerialised shareholders who
accept the offer
Results of the offer published on SENS Monday, 14 April
Notes:
Edge to Edge, at its sole discretion and subject to the approval of the SRP, may
elect to extend the offer. Any such extension will be published on SENS.
Dematerialised shareholders are required to notify their duly appointed CSDP or
broker of their acceptance of the offer in the manner and time stipulated in the
agreement governing the relationship between the shareholder and their CSDP or
broker.
Share certificates may not be dematerialised or rematerialised between Monday, 7
April 2003 and Friday, 11 April 2003, both dates inclusive.
Documentation
A circular setting out full details of the offer to minority shareholders has
been approved and will be posted to shareholders today.
Cape Town
14 March 2003
Sponsor Attorneys
SASFIN BANK LIMITED FLUXMANS ATTORNEYS
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