ELB GROUP LIMITED -
ELB GROUP LIMITED
(formerly Edward L Bateman Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1930/002553/06)
(JSE Code: ELR ISIN: ZAE000035101)
("ELB")
RESULTS OF GENERAL MEETING
Shareholders of ELB are referred to the circular to shareholders, dated 14
November 2003, which relates to, inter alia, the adoption of the ELB
Participants Share Trust ("ELB Trust"), a specific authority to issue 3 000 000
new ELB shares ("issue shares") at 500 cents per share for cash to ELB Staff
Holdings (Proprietary) Limited (registration number 1976/003392/07) ("Staff
Holdings") and a proposed loan by ELB to the ELB Trust to enable the ELB Trust
to acquire 5 586 355 ELB shares from Staff Holdings at a price of 353 cents per
ELB share (the "transactions").
Shareholders are advised that, at the general meeting of shareholders of ELB
held on 1 December 2003 ("general meeting"), the requisite majority of the
shareholders of ELB required to give effect to the transactions voted in favour
of the resolutions tabled at the general meeting.
Upon the listing of the issue shares on the JSE Securities Exchange of South
Africa, which is expected to take place on Friday, 5 December 2003, all of the
conditions to which the transactions are subject will have been fulfilled.
Johannesburg
1 December 2003
Attorneys Sponsor Independent advisor
and reporting
Werksmans Inc. Rand Merchant Bank accountant
KPMG
Date: 02/12/2003 09:58:01 AM Supplied by www.sharenet.co.za
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