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Fri 29 Sep 2006, 11:02 Real Africa Holdings Limited - Cash distribution:
RAH
 RAH                                                                             
     Real Africa Holdings Limited - Cash distribution: Finalisation announcement
     REAL AFRICA HOLDINGS LIMITED                                               
     (Incorporated in the Republic of South Africa)                             
(Registration number: 1994/003919/06)                                      
     SHARE CODE: RAH    &   ISIN: ZAE000008702                                  
     ("RAH")                                                                    
     CASH DISTRIBUTION: FINALISATION ANNOUNCEMENT                               
Shareholders are referred to the RAH announcement released on SENS on 19   
     September 2006 and in the press on 20 September 2006 where it was announced
     that 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").                       
     Shareholders are advised that the remaining conditions precedent of the    
     Oceana Group Limited Black Economic Empowerment transaction have been met  
and the proceeds of the sale of the Ocfish Holdco Limited shares to Tiger  
     Brands Limited have been received. The cash distribution is now            
     unconditional.                                                             
     Shareholders are reminded that RAH will distribute, out of share premium,  
an amount of 92 cents per RAH share. The salient dates for the cash        
     distribution remain as follows:                                            
     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        
     29 September 2006                                                          
Bryanston                                                                  
     Sponsor                                                                    
     RAND MERCHANT BANK (A division of FirstRand Bank Limited)                  
Date: 29/09/2006 11:02:04 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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