CAE
CAE
Cape Empowerment Trust Limited - Closing Of Offer To Sancino Projects Limited
Shareholders
Cape Empowerment Trust Limited
(Incorporated in the Republic of South Africa)
Registration number 1998/014606/06
JSE share code: CAE ISIN: ZAE000016952
("CET")
CLOSING OF OFFER TO SANCINO PROJECTS LIMITED SHAREHOLDERS
Shareholders of Sancino Projects Limited ("Sancino") are referred to the
unconditional offer by CET to acquire their shares in Sancino on the basis of 7
(seven) CET shares for every 1 (one) Sancino share ("the CET offer") and the
announcement published on SENS on 24 November 2005 and in the press on 25
November 2005 extending the CET offer period.
Sancino shareholders are hereby advised that the CET offer will close with
effect from close of business on Thursday, 26 January 2006. All acceptances of
the CET offer received from Sancino shareholders before close of business on
Thursday, 26 January 2006, will be accepted by CET. A further announcement
regarding the results of the offer and related matters will follow shortly.
Cape Town
19 January 2006
Corporate advisor and sponsor
Sasfin Capital
(A Division of Sasfin Bank Limited)
Legal Advisor
Hofmeyr Herbstein & Gihwala Inc
Date: 19/01/2006 04:46:51 PM Produced by the JSE SENS Department
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