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Tue 27 Jul 2004, 15:08 Intervid Limited - Results of scheme meeting
Intervid Limited / Intervid Limited - Results of scheme meeting                 
  Intervid Limited                VenFin Limited                                  
  (Incorporated in the Republic   (Incorporated in the Republic                   
  of South Africa)                of South Africa)                                
  (Registration number            (Registration number                            
  1999/011483/06)                 1948/031037/06)                                 
  Share code:  ITV                Share code: VNF                                 
  ISIN number:  ZAE000025615      ISIN number:  ZAE000026498                      
  (`Intervid`)                    (`VenFin`)                                      
  Results of scheme meeting                                                       
  Shareholders are advised that the scheme of arrangement proposed by VenFin      
  between Intervid and its shareholders, other than VenFin and its subsidiaries   
  was approved by the requisite majority of scheme members at the scheme meeting  
  held on Tuesday 27 July 2004.                                                   
  Application will be made to the High Court of South Africa (Natal Provincial    
  Division), located at Church Street, Pietermaritzburg, to sanction the scheme,  
  on Thursday 5 August 2004 at 09:30 or so soon thereafter as Counsel may be      
  heard.                                                                          
  A further announcement regarding the outcome of the application to the Court    
  will be published on or about Thursday 5 August 2004.                           
  Intervid Limited                       VenFin Limited                           
  Durban                                 Stellenbosch                             
  27 July 2004                           8 June 2004                              
  ***                                    ***                                      
  Merchant bank and sponsor to Intervid  Financial adviser to VenFin              
  RAND MERCHANT BANK                     CAZENOVE                                 
  (A division of FirstRand Bank Limited) ***                                      
  CORPORATE FINANCE                      Investor relations adviser to VenFin     
  ***                                    COLLEGE HILL                             
  Independent financial adviser to       ***                                      
  Intervid                               Sponsor to VenFin                        
  Deloitte & Touche Corporate Finance    RAND MERCHANT BANK                       
  Division                               (A division of FirstRand Bank            
  ***                                    Limited) CORPORATE FINANCE               
  Registered Accountants and Auditors    ***                                      
  Deloitte & Touche Chartered            Legal adviser to the transaction         
  Accountants (SA)                       Hofmeyr Herbstein & Gihwala Inc.         
  Date: 27/07/2004 02:15:02 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 

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