JSE
JSE
JSE Limited - Results of General Meetings
JSE Limited
(Incorporated in the Republic of South Africa)
(Registration number 2005/022939/06)
ISIN: ZAE000079711
Share code: JSE
("JSE")
RESULTS OF GENERAL MEETINGS
Shareholders are advised that at the annual general meeting and the general
meeting of JSE shareholders held on Tuesday 9 May 2006, all the special and
ordinary resolutions proposed at such meetings were approved by the requisite
majority of shareholders. The special resolutions have been lodged with the
Registrar of Companies for registration.
One of the resolutions passed at the general meeting will allow for the
implementation of the JSE"s Broad-based BEE Initiative consisting of the Black
Shareholder Retention Scheme, aimed at retaining existing black shareholders,
and the JSE Empowerment Fund, aimed at funding education for black people coming
into the financial services industry. Shareholders who qualify for the Black
Shareholder Retention Scheme will be contacted during June 2006 in connection
with the first tranche of options to be issued under that Scheme.
On registration by the Registrar of Companies of the special resolution relating
to the subdivision of JSE shares, the listing of JSE shares will become
unconditional. The subdivision and listing of JSE shares will commence at 8:00
and 8:30 respectively on Monday 5 June 2006 and the Broad-based BEE Initiative
and the employee long term incentive and retention scheme will be implemented on
the terms and conditions set out in the circular to JSE shareholders dated 13
April 2006.
Sandton
10 May 2006
Joint Financial Adviser and Sponsor
Rand Merchant Bank
Joint Financial Adviser
Morgan Stanley South Africa (Pty) Limited
Date: 10/05/2006 08:12:57 AM Produced by the JSE SENS Department
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