RAH
RAH
Real Africa Holdings Limited - Cash Distribution
REAL AFRICA HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1994/003919/06)
SHARE CODE: RAH & ISIN: ZAE000008702
("RAH" or "the company")
CASH DISTRIBUTION
At a board meeting held on 18 September 2006, the RAH board, in terms of the
authority granted to directors at the general meeting of shareholders held on 11
April 2003, resolved to distribute, out of share premium, an amount of R342 017
015 to shareholders by way of a cash distribution ("cash distribution").
The cash distribution is subject to the receipt of the proceeds of the sale of
the Ocfish Holdco Limited ("Ocfish") shares to Tiger Brands Limited to be
received on 29 September 2006.
The remaining conditions precedent are the approval of the Oceana Group Limited
("Oceana") Black Economic Empowerment transaction by the Oceana and Ocfish
shareholders at the general meetings of the respective companies to be held on
Friday, 22 September 2006.
Notice is hereby given that the company will distribute, out of share premium,
an amount of 92 cents per RAH share provided that the remaining conditions
precedent of the Oceana Black Economic Empowerment transaction have been met and
the proceeds of the sale of the Ocfish shares to Tiger Brands Limited have been
received.
The salient dates for the cash distribution are as follows:
Oceana and Ocfish general meetings Friday 22 September 2006
Finalisation Date Friday 29 September 2006
Last date to trade "cum" the cash distribution Friday 6 October 2006
Share trade "ex" the cash distribution Monday 9 October 2006
Record Date Friday 13 October 2006
Payment Date Monday 16 October 2006
19 September 2006
Bryanston
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 19/09/2006 01:03:16 PM Produced by the JSE SENS Department
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