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Wed 7 Dec 2005, 10:14 Shops for Africa - Announcement
Shops for Africa - Announcement                                                 
Shops for Africa Limited (In Liquidation)                                       
Suspended                                                                       
(Incorporated in the Republic of South Africa)                                  
(Company Registration Number 2000/018084/06)                                    
Share Code : SFA    ISIN Code : ZAE000031241                                    
("Shops for Africa" or "the company")                                           
VOLUNTARY WINDING UP                                                            
Shops for Africa linked unit-holders ("unit-holders") are referred to previous  
announcements on SENS and in the press, and the circular dated 19 February 2004,
wherein they were advised of the disposal by Shops for Africa of its entire     
property portfolio, the voluntary winding up of the company, the suspension of  
trading in the company"s linked units and the subsequent termination of the     
company"s listing on the JSE Limited ("JSE").  Trade in the linked units of the 
company on the JSE was suspended on Monday, 24 May 2004.                        
Unit holders are advised that the finalisation of the winding up of the company 
and therefore payment of the final liquidation dividend has been further delayed
as a result of delays in obtaining final income tax assessments.  The winding up
is now expected to be finalised during June 2006.  The listing of the company"s 
linked units on the JSE will be terminated once the winding up has been         
finalised.                                                                      
Cape Town                                                                       
7 December 2005                                                                 
Sponsor and Corporate Advisor                                                   
Sasfin Capital                                                                  
A division of Sasfin Bank Limited                                               
Date: 07/12/2005 10:14:49 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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