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Wed 22 Jun 2005, 16:50 Purple Capital - Transfer of listing to the main b
Purple Capital - Transfer of listing to the main board and share consolidation  
Purple Capital Limited                                                          
(formerly AVASA Holdings Limited)(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/013637/06)                                            
Share code: PPE    ISIN: ZAE000063897                                           
(`Purple Capital` or `the company`)TRANSFER OF LISTING TO THE MAIN BOARD AND SHARE CONSOLIDATION                   
Shareholders are advised that the JSE and FTSE have approved the transfer of the
company`s listing from the Venture Capital Market to the `Financials -          
Investment Entities` sector of the Main Board of the JSE with effect from thecommencement of trading on Monday, 4 July 2005.                                 
It is further proposed to consolidate Purple Capital`s share capital on a 1 for 
10 basis. Details of the proposed share consolidation will be incorporated into 
a circular which will be mailed to Purple Capital shareholders in due course.Johannesburg                                                                    
22 June 2005                                                                    
Corporate advisor and sponsor                                                   
BRIDGE CAPITALDate: 22/06/2005 04:48:49 PM Produced by the JSE SENS Department
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