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Scl - Sacoil Holdings Limited - Further Cautionary Announcement

Release Date: 04/04/2012 09:30:01      Code(s): SCL
SCL - Sacoil Holdings Limited - Further cautionary announcement                 
SACOIL HOLDINGS LIMITED                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/000460/06)                                            
JSE share code: SCL                                                             
AIM share code: SAC                                                             
ISIN: ZAE0000127460                                                             
("SacOil" or "the Company")                                                     
4 April 2012                                                                    
FURTHER CAUTIONARY ANNOUNCEMENT (JSE)                                           
In compliance with JSE Limited ("JSE") Listings Requirement 3.9 and with        
reference to the cautionary announcement published on 2 September 2011 and      
the further cautionary announcements published on 13 October 2011, 24           
November 2011, 10 January 2012 and 21  February 2012 on the Stock Exchange      
News Service of the JSE and on the Regulatory News Service of the London        
Stock Exchange, SacOil shareholders ("Shareholders") are advised that the       
Company is still in the process of considering various proposals and            
potential transactions, which if successfully concluded, may have a material    
effect on the price of SacOil ordinary shares ("Shares").                       
Accordingly, Shareholders are advised to continue to exercise caution when      
dealing in their Shares until a further announcement is made in this regard.    
JSE Sponsor                                                                     
Nedbank Capital                                                                 
For further information please contact:                                         
AIM Nominated Adviser and Joint Broker                                          
finnCap Ltd                                                                     
Matthew Robinson / Christopher Raggett             +44 (0)20 7220 0500          
First Energy Capital                              +44 (0)20 7448 0200           
(Joint Broker UK)                                                               
Majid Shafiq                                                                    
Travis Inlow                                                                    
Public Relations (South Africa)                                                 
The Riverbed Agency                                                             
Raphala Mogase / Bongiwe Moeli              +27 (0) 11 783 7903                 
Public Relations (United Kingdom)                                               
Pelham Bell Pottinger                                                           
Philip Dennis/Nick Lambert/Rollo Critchton-Stuart  +44 (0)20 7861 3232          
Date: 04/04/2012 09:30:01 Supplied by www.sharenet.co.za                     
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