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CAE/DYM - Cape Empowerment Trust / Dynamic Cables RSA - Fulfilment of all conditions precedent to the scheme Cape Empowerment Trust Limited (Incorporated in the Republic of South Africa) (Registration number 1998/014606/06) ("CET") Share Code:CAE ISIN:ZAE000016952 Dynamic Cables RSA Limited (Incorporated in the Republic of South Africa) (Registration number 1987/001807/06) ("Dynamic") Share Code:DYM ISIN:ZAE000028270 FULFILMENT OF ALL CONDITIONS PRECEDENT TO THE SCHEME Further to the announcement of 14 May 2010 shareholders of CET and Dynamic are hereby advised that the Court Order sanctioning the scheme of arrangement in terms of section 311 of the Companies Act (Act 61 of 1973) as amended ("the scheme") proposed by Dynamic, in terms of which Dynamic will acquire all the shares in the issued share capital of CET was registered by the Companies and Intellectual Property Registration Office on Monday, 17 May 2010, that all conditions precedent to the scheme have now been fulfilled and that the scheme will be implemented in accordance with the timetable published on 14 May 2010. Cape Town 19 May 2010 Sponsor Sasfin Capital A division of Sasfin Bank Limited Attorneys to Dynamic and attorneys to the scheme Cliffe Dekker Hofmeyr Inc. Date: 19/05/2010 10:44:03 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
