WB HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/000570/06)
JSE Share code: WBH
ISIN Code : ZAE000007902
("WBH")
Results of offer to minority shareholders
Further to the announcement and circular to shareholders dated 18 March
2002, Sasfin Bank Limited is authorised to announce that WBH shareholders
holding 1 774 863 WBH shares, constituting 18,88 % of the entire issued
share capital of WBH have accepted the offer by At Source (Proprietary)
Limited ("At Source") of 90 cents per share ("the offer"). The offer closed
on Tuesday, 30 April 2002.
Subsequent to the offer, At Source holds 82,01% of the issued shares in WBH.
Cape Town
2 May 2002
Corporate adviser and sponsor
Sasfin Bank Limited
(Registration number 1951/002280/06)
Attorneys to WB Holdings
Jan S. de Villiers Attorneys
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