BDEO NMS BVT
BVT NMS
Bidvest / Namsea - Results of the voluntary offer to all shareholders of Namsea
other than Bidvest
The Bidvest Group Limited Namibian Sea Products Limited
(Incorporated in the Republic of (Incorporated in the Republic
South Africa) of Namibia)
(Registration number (Registration number 709/1953)
1946/021180/06) South African share code: NMS
Share Code: BVT Namibian share code: NAS
ISIN:ZAE000050449) ISIN:NA0008640246)
("Bidvest") ("Namsea")
Results of the voluntary offer to all shareholders of Namsea other than Bidvest
Namsea shareholders are advised that the voluntary offer by Bidvest to all
Namsea shareholders other than Bidvest in terms of the circular to Namsea
shareholders dated May 22 2006 ("the offer"), closed on September 15 2006.
The offer was accepted in respect of 6 759 558 Namsea shares comprising
approximately 16.6% of the Namsea shares subject to the offer and approximately
5.8% of the total Namsea shares in issue.
Windhoek
Namibia
November 16 2006
Investment bank Lead sponsor to Bidvest Joint sponsor to Bidvest
Investec Corporate Investec Bank Limited Deutsche Securities (SA)
Finance (Pty) Ltd
Transaction law South African sponsor to
advisor to Bidvest Namsea Namibian Sponsor to Namsea
Werksmans Inc. PSG Capital Limited Investment house Namibia
(Pty) Ltd
Date: 16/11/2006 04:49:45 PM Produced by the JSE SENS Department
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