PMA / PMN / PMAP - Primedia - Further Cautionary A
PMA PMAP PMN
PMA
PMA / PMN / PMAP - Primedia - Further Cautionary Announcement
Primedia Limited
(Incorporated in the Republic of South Africa)
Registration number 1993/003355/06)
Share code: PMA & ISIN: ZAE000035119
Share code: PMN & ISIN: ZAE000035127
Share code: PMAP & ISIN: ZAE000080529
("Primedia" or the "Company")
Further Cautionary Announcement
Shareholders are referred to the cautionary announcements published by Primedia
on 15 December 2006, 10 January 2007 and 7 February 2007, in terms of which
shareholders were advised that a consortium of investors, led by the Mineworkers
Investment Company (Proprietary) Limited, Issie Kirsh and William Kirsh, acting
through Red Pen 2 Investments (Proprietary) Limited, had submitted a proposal in
principle to the board of directors of Primedia for the acquisition of the
entire issued share capital of Primedia. Shareholders of Primedia are advised
to continue exercising caution when dealing in the Company`s securities until a
further announcement is made.
Sandton
16 March 2007
Investment Bank and Sponsor to Primedia
Investec Bank Limited
Legal advisor to Primedia
Edward Nathan Sonnenberg
Transaction arranger and debt advisor to the Consortium
Brait South Africa Limited (Specialised Debt Finance)
Merchant Bank to the Consortium
Rand Merchant Bank (a division of FirstRand Bank Limited)
Legal advisors to the Consortium
MJ King Inc.
Corporate Law Advisory Practice of KPMG Services (Proprietary) Limited
Date: 16/03/2007 08:00:00 Produced by the JSE SENS Department.
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