Liberty Holdings Limited - LBH"s shareholding in L
Liberty Holdings Limited - LBH`s shareholding in Liberty Group Limited
Liberty Holdings Limited
(Incorporated in the Republic of South Africa)(Registration number 1968/002095/06)
(`LBH`)
LBH`S SHAREHOLDING IN LIBERTY GROUP LIMITED
Shareholders of LBH are referred to the announcement released on SENS on 11 July2005 by Liberty Group Limited (`LGL`) and the information contained therein
(`the LGL Announcement`). The board of LBH was aware of all this information
when it considered whether or not to call a shareholders` meeting to consider a
proposal for the unbundling of LBH`s shareholding in LGL.The board has considered the discount that LBH trades at relative to its
underlying Net Asset Value and has weighed that up against all the factors
referred to in the LGL Announcement.
The board considers that in all the circumstances it would not be in the bestinterests of shareholders of LBH to propose an unbundling of the LGL shares and
that these interests would be best served by retaining the status quo for the
foreseeable future.
Johannesburg11 July 2005Date: 11/07/2005 04:12:04 PM Produced by the JSE SENS Department
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