Western Areas - Fulfilment of the condition preced
WAR
WARA
Western Areas - Fulfilment of the condition precedent and cautionary withdrawal
WESTERN AREAS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1959/003209/06)
Share code: WAR
ISIN: ZAE000016549
("Western Areas" or "the Company")
ANNOUNCEMENT REGARDING THE FULFILMENT OF THE CONDITION PRECEDENT AND CAUTIONARY
WITHDRAWAL
Shareholders are referred to the circular of 30 October 2006 containing the
offer from Gold Fields Limited ("Gold Fields") to acquire the entire issued
share capital of Western Areas ("the offer").
Shareholders are advised that on 22 November 2006 the Competition Tribunal of
South Africa approved the offer. Accordingly, the only condition precedent for
implementation of the offer has been fulfilled.
Shareholders are referred today"s announcement published by Gold Fields on SENS
in which it is reported that the Barrick Transaction, whereby Gold Fields
effectively acquires a 50% interest in South Deep Gold Mine from Barrick Gold
Corporation, has also been approved by the Competition Tribunal of South Africa.
In the same announcement shareholders are further notified that the offer will
remain open until the closing date, which is yet to be announced by Gold Fields,
together with final salient dates and times.
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
Shareholders are referred to the cautionary announcement published on 11
September 2006 and 30 October 2006 and are advised that such cautionary
announcement is now withdrawn.
Johannesburg
23 November 2006
Sponsor
Sasfin Capital
A division of Sasfin Bank Limited
Date: 23/11/2006 11:45:02 AM Produced by the JSE SENS Department
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