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Scl - Sacoil Holdings Limited - Extension Of Agreements

Release Date: 02/04/2009 12:32:02      Code(s): SCL
SCL - Sacoil Holdings Limited - Extension of Agreements                         
SACOIL HOLDINGS LIMITED                                                         
(formerly SA Mineral Resources Corporation Limited)                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/000460/06)                                            
Share code: SCL & ISIN: ZAE000127460                                            
("SacOil" or "the company")                                                     
EXTENSION OF AGREEMENTS - ACQUISITION OF DEMOCRATIC REPUBLIC OF CONGO OIL       
CONCESSIONS                                                                     
Further to the circular dated 24 October 2008, shareholders are advised that the
agreements in relation to the acquisition of the DRC oil concessions by the     
company have been extended to 31 July 2009.                                     
This is the last material outstanding suspensive condition to the acquisition of
the oil concessions.                                                            
Midrand                                                                         
2 April 2009                                                                    
Sponsor                                                                         
SASFIN CAPITAL                                                                  
A division of Sasfin Bank Limited                                               
Date: 02/04/2009 12:32:02 Supplied by www.sharenet.co.za                     
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