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SCL - SACOIL Holdings Limited - Extension of agreements - Acquisition of

Release Date: 08/02/2010 12:36:13      Code(s): SCL
SCL - SACOIL Holdings Limited - Extension of agreements - Acquisition of        
Democratic Republic of Congo Oil concessions                                    
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")                                                     
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 8 March 2010.                                     
This is the last material outstanding suspensive condition to the acquisition   
of the oil concessions.                                                         
8 February 2010                                                                 
SASFIN CAPITAL                                                                  
A division of Sasfin Bank Limited                                               
Date: 08/02/2010 12:36:13 Supplied by www.sharenet.co.za                     
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