GROWTHPOINT PROPERTIES LIMITED - OFFER TO ACQUIRE A PORTFOLIO OF PROPERTIES FROM
THE LYONS CORPORATE LEASE FUND LIMITED ("LCLF"), A SUBSIDIARY COMPANY OF LYONS
FINANCIAL SOLUTIONS HOLDINGS LIMITED ("LYONS") AND CAUTIONARY ANNOUNCEMENT
Growthpoint Properties Limited
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Share code: GRT ISIN: ZAE000037669
("Growthpoint")
Offer to acquire a portfolio of properties from the Lyons Corporate Lease
Fund Limited ("LCLF"), a subsidiary company of Lyons Financial Solutions
Holdings Limited ("Lyons") and cautionary announcement
Investec Bank Limited is authorised to announce that Growthpoint has
submitted an offer to the board of directors of Lyons to acquire a portfolio
of properties owned by the LCLF, a subsidiary company of Lyons, subject to a
number of suspensive conditions being fulfilled ("the proposed acquisition").
An announcement containing the detailed terms of the proposed acquisition
("the detailed terms announcement") will be published in the press in due
course. Accordingly, Growthpoint linked unitholders are advised to exercise
caution when dealing in their Growthpoint linked units until such time as the
detailed terms announcement has been published.
Sandton
26 March 2004
Merchant bank
Investec Corporate Finance
Investec Bank Limited
(Registration number 1969/004763/06)
Sponsor
Investec Securities Limited
Member of the JSE
(Registration number. 1972/008905/06)
Date: 26/03/2004 05:25:15 PM Produced by the JSE SENS Department
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