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DTA - Delta EMD Limited - Fulfilment of Condition Precedent

Release Date: 07/07/2010 10:00:01      Code(s): DTA
DTA - Delta EMD Limited - Fulfilment of Condition Precedent                     
Delta EMD Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number: 1919/006020/06                                             
ISIN: ZAE000132817                                                              
Share Code: DTA                                                                 
FULFILMENT OF CONDITION PRECEDENT                                               
Shareholders are referred to the announcement released on SENS on 8 June        
2010, wherein shareholders were advised that Delta`s subsidiary Delta EMD       
Australia (Pty) Ltd entered into a contract for sale with Port Waratah Coal     
Services Limited("PWCS")to sell the Kooragang residue disposal site to PWCS     
for an amount of AU$ 12 million plus 10% goods and services tax.                
Shareholders are further advised that the condition precedent to the            
transaction had been fulfilled on 2 July 2010.                                  
Accordingly, the full purchase price of AU$ 12 million plus 10% goods and       
services tax was received by Delta EMD Australia (Pty) Limited by the           
completion date. The AU$ 12 million gain on the sale of the Kooragang           
residue disposal site is expected to incur AU$3.6 million of tax.               
7 July 2010                                                                     
Merchant bank and sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 07/07/2010 10:00:01 Supplied by www.sharenet.co.za                     
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information disseminated through SENS.                                          

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