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VLE - Value Group Limited - Notice in terms of Section 45(5) of The Companies Act No 71 of 2008 Value Group Limited (Incorporated in the Republic of South Africa) Registration number: 1997/002203/06 Share code: VLE ISIN code: ZAE000016507 ("Value" or "the company`) NOTICE IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT NO 71 OF 2008 ("THE ACT") This is a notice in terms of Section 45(5) of the Act. On 18 October 2011 the shareholders of Value approved a special resolution authorising the board of directors of Value ("the Board") to provide financial assistance to related and inter-related companies. The Board has, pursuant to the above authorisation and in accordance with Section 45 of the Act, resolved to provide guarantees to related and inter- related companies to secure the banking facilities required by such companies. The total financial assistance provided to related and inter-related companies in terms of resolutions passed by the Board during the current financial year exceeds one-tenth of one percent of Value`s net worth. This notice is required to be provided in terms of Section 45(5) of the Act as the threshold referred to in paragraph 4 has been exceeded. Johannesburg 10 April 2012 Sponsor: Investec Bank Limited Date: 10/04/2012 12:24:01 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.
