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Omn - Omnia Holdings Limited - Omnia Renounceable Partial Claw Back Offer And

Release Date: 13/09/2010 16:06:02      Code(s): OMN OMNN
OMN - Omnia Holdings Limited - Omnia renounceable partial claw back offer and   
rights offer                                                                    
OMNIA HOLDINGS LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1967/003680/06)                                            
JSE share code: OMN                                                             
ISIN: ZAE000005153                                                              
JSE code for letters of allocation ("LA`s"): OMNN                               
ISIN for LA`s: ZAE000147450                                                     
("Omnia" or "the Company")                                                      
OMNIA RENOUNCEABLE PARTIAL CLAW BACK OFFER AND RIGHTS OFFER ("THE OFFER") OF R1 
BILLION ATTRACTS TOTAL SUBSCRIPTIONS OF R2.02 BILLION - AN OVERSUBSCRIPTION OF  
102%                                                                            
1.   RESULTS OF THE OFFER                                                       
Further to the announcements dated 20 May 2010, 29 July 2010 and 4 August 2010  
and the circular dated 23 August 2010 ("Circular") regarding the Offer of 20 000
000 new Omnia ordinary shares ("Offer Shares") to Omnia shareholders            
("Shareholders") at a price of R50 per Offer Share in the ratio of 42.3282 Offer
Shares for every 100 Omnia ordinary shares held and which closed on Friday, 10  
September 2010, Shareholders are advised that subscriptions totalling R2 024 667
750 were received in terms of the Offer, resulting in an oversubscription of    
102%.                                                                           
As disclosed in the Circular, in terms of the commitment agreement and the      
underwriting agreement entered into between Omnia and Industrial Development    
Corporation of South Africa Limited ("IDC") and Sanlam Investment Management    
(Proprietary) Limited and Sanlam Investment Management, a division of Sanlam    
Life Insurance Limited (collectively, "SIM") respectively, 25% of the Offer     
Shares not subscribed for in terms of the Offer, shall be made available to     
holders of letters of allocation who elected to apply for Offer Shares in excess
of their entitlement ("Excess Shares").                                         
The Offer Shares have been allocated as follows:                                
Number of        % of Offer       
                                              shares           Shares           
                                                                                
    Total Offer Shares available for          20 000 000       100.0            
subscription                                                                
                                                                                
    Offer Shares subscribed for in terms of   19 177 205       95.9             
    the Offer                                                                   
822 795          4.1              
    Offer Shares available for allocation                                       
    to IDC, SIM and Excess Share applicants                                     
                                                                                
Allocated to:                                                               
    IDC                                       237 345          1.2              
    SIM                                       379 751          1.9              
    Excess Share applicants                   205 699          1.0              
Excess Shares have been allocated in an equitable manner in accordance with the 
number of Excess Shares applied for by Excess Share applicants.                 
2.   SALIENT DATES FOR THE ISSUE AND SETTLEMENT OF THE OFFER SHARES             
The salient dates for the issue and settlement of the Offer Shares are set out  
below:                                                                          
                                              2010                              
    Dematerialised Shareholders` accounts     Monday, 13                        
    will be updated with entitlements and     September                         
debited with money by their CSDP or                                         
    broker and certificates posted to                                           
    certificated Shareholders                                                   
    Dematerialised Shareholders` accounts     Tuesday, 14                       
will be updated with the relevant number  September                         
    of Excess Shares (if any) and debited                                       
    with money by their CSDP or broker                                          
                                                                                
or broker                                                                   
    Share certificates and/or refund cheques                                    
    in respect of applications for Excess     Wednesday, 15                     
    Shares will be posted to certificated     September                         
Shareholders on or about                                                    
Bryanston                                                                       
13 September 2010                                                               
Sole Bookrunner, Corporate Advisor and Sponsor                                  
One Capital                                                                     
Attorneys                                                                       
Cliffe Dekker Hofmeyr Incorporated                                              
Date: 13/09/2010 16:06:02 Supplied by www.sharenet.co.za                     
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