Nampak Limited - Sale of Paper Merchants Division
NAMPAK LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/008070/06)
ISIN : ZAE000004933
Share code : NPK
SALE OF PAPER MERCHANTS DIVISION
Nampak Limited announces the sale of its paper merchants division, Peters
Papers, in a transaction with a value of approximately R220 million to a
consortium comprising Actis Africa Fund 2 LP, a private equity fund, Izingwe
Capital, a black empowered investment company, and management at Peters Papers.
The transaction is subject to certain suspensive conditions and the anticipated
effective date is 1 March 2005.
Further details relating to the transaction will be available during the course
of the day on Nampak`s website: http://www.nampak.com
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.