Group Five/Dawn- Transaction announcement and impa
DAW GRF
DAW GRF
Group Five/Dawn- Transaction announcement and impact on cautionary announcements
Group Five Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/000032/06)
Share code: GRF
ISIN: ZAE000027405
("Group Five")
Distribution and Warehousing Network Limited
(Incorporated in the Republic of South Africa)
(Registration number 1984/008265/06)
Share code: DAW
ISIN: ZAE000018834
("DAWN")
Transaction announcement and impact on cautionary announcements
Introduction
Further to the cautionary announcements released on 27 February 2006, 6 April
2006 and 29 May 2006 by Group Five and the cautionary announcements released on
8 May 2006, 16 May 2006 and 26 June 2006 by DAWN, the Boards of Directors of
Group Five and DAWN are pleased to announce the conclusion of agreements in
terms of which Group Five will dispose of its interests in DPI Holdings
(Proprietary) Limited and the business of Vaal Sanitaryware to DAWN ("the
Transaction"), subject to suspensive conditions.
The Transaction is not a categorised transaction for the purposes of the JSE
Limited Listings Requirements in respect of Group Five or DAWN.
Withdrawal of Group Five cautionary
As the Transaction has been announced and it is not a categorised transaction,
Group Five shareholders are no longer required to exercise caution when trading
in Group Five shares.
Renewal of DAWN cautionary announcement
DAWN shareholders are advised that DAWN is still in negotiations which if
successfully concluded may have an effect on the company"s securities.
Accordingly, shareholders are advised to continue exercising caution when
trading in the company"s shares until a further announcement is made.
Rivonia and Johannesburg
11 July 2006
Investment Bank and Sponsor to Group Five Corporate Adviser to DAWN
Nedbank Capital Bishop CorpFin
Legal adviser to Group Five Legal adviser to DAWN
Prinsloo, Tindle and Andropoulos Inc Werksmans Inc
Sponsor to DAWN
Deliottes
Date: 11/07/2006 08:10:10 AM Produced by the JSE SENS Department
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