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Omn - Omnia Holdings Limited - Results Of General Meeting

Release Date: 09/07/2010 12:26:01      Code(s): OMN
OMN - Omnia Holdings Limited - Results Of General Meeting                       
OMNIA HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1967/003680/06)                                            
JSE share code: OMN                                                             
ISIN: ZAE000005153                                                              
("Omnia" or "the Company")                                                      
RESULTS OF GENERAL MEETING                                                      
Omnia shareholders ("Shareholders") are advised that at the general meeting of  
Shareholders held at the registered offices of the Company today, the           
resolutions necessary to implement the proposed R1 billion capital raising were 
approved by the requisite majority of Shareholders present and represented by   
proxy.                                                                          
In addition, the resolution providing the directors of Omnia with the specific  
authority to issue and allot 3 million new Omnia ordinary shares to Industrial  
Development Corporation of South Africa Limited and/or Sanlam Investment        
Management (Proprietary) Limited and Sanlam Investment Management, a division of
Sanlam Life Insurance Limited, was not approved by the requisite majority of    
Shareholders present or represented by proxy. Accordingly the quantum of the    
proposed rights offer and claw back offer will total R1 billion through the     
issue of 20 million new Omnia ordinary shares to Shareholders at R50 per share  
in proportion to their shareholding in Omnia ("Offer").                         
Further details of the Offer will be provided to Shareholders by the Company in 
due course.                                                                     
Bryanston                                                                       
9 July 2010                                                                     
Corporate Advisor and Sponsor:                                                  
One Capital                                                                     
Attorneys:                                                                      
Cliffe Dekker Hofmeyr Inc.                                                      
Date: 09/07/2010 12:26:01 Supplied by www.sharenet.co.za                     
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