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Tue 2 May 2006, 16:09 Trematon - Results of the mandatory offer
TMT
 TMT                                                                             
Trematon - Results of the mandatory offer                                       
Trematon Capital Investments Limited                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/008691/06)                                            
Share code: TMT & ISIN: ZAE000013991                                            
("Trematon")                                                                    
RESULTS OF THE MANDATORY OFFER BY TREMATON TO THE MINORITY SHAREHOLDERS OF SHOPS
FOR AFRICA LIMITED                                                              
Shareholders are referred to the announcements dated 8 March 2006 and 3 April   
2006 containing details of an unconditional irrevocable offer by Trematon to the
Shops for Africa minority shareholders ("minority shareholders") to acquire all 
or any of their Shops for Africa shares for a cash consideration of 15 cents per
share ("the offer").  The offer closed on Friday, 28 April 2006 and was accepted
by minority shareholders holding 851,289 Shops for Africa shares, representing  
1.2% of Shops for Africa"s issued share capital.  As the offer was not accepted 
by minority shareholders holding in excess of 90% of the minority shareholding, 
Trematon will not invoke the provisions of section 440K of the Companies Act    
(Act 61 of 1973), as amended.  Following conclusion of the offer, Trematon holds
56.8% of Shops for Africa"s issued share capital.                               
Cape Town                                                                       
2 May 2006                                                                      
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 02/05/2006 04:09:12 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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