Shareholders are referred to the announcement released on SENS on 21 December 2011 and the mandatory offer document posted on 20 January 2012 which stated that the mandatory offer to KWV shareholders was expected to close at 17:00 on 2 March 2012. Following the release of KWV`s interim results on 21 February 2012, HCI has decided (with the prior approval of the Takeover Regulation Panel) to extend the mandatory offer closing date and time to 12:00 on 22 March 2012.

The revised dates and times of the mandatory offer are set out below:
*Record date, being the final date on which KWV shareholders must be recorded in the register in order to be eligible to accept the mandatory offer on Thursday, 22 March 2012
*Closing date of the mandatory offer at 12:00 on Thursday, 22 March 2012
*Results of the mandatory offer released on SENS on Friday, 23 March 2012
*Results of the mandatory offer published in the press on Offer consideration posted to shareholders who within six business days after accept the mandatory offer (once documents of acceptance of the mandatory title have been received) offer Monday, 26 March 2012
*HCI reserves the right, at its discretion, and subject to the prior approval of the Takeover Regulation Panel, to make any changes to the dates referred to in this announcement (including extending the closing date), which amended dates will be released on SENS and published in the South African press.







2012-02-22 17:04:59