CURRO HOLDINGS LIMITED - Curro Rights Offer Results

Curro Rights Offer Results

Curro Holdings Limited
Incorporated in the Republic of South Africa
Registration Number 1998/025801/06
JSE Share Code: COH
ISIN: ZAE000156253
(“Curro” or “the Company”)

CURRO RIGHTS OFFER RESULTS

Shareholders are referred to the announcements published on the JSE
Limited (“JSE”) Stock Exchange News Service (“SENS”) on 22 February 2013
and 26 March 2013, and the circular dated 15 April 2013 relating to the
Curro rights offer (“Rights Offer”). In terms of the Rights Offer, Curro
offered 50 489 948 new Curro ordinary shares (“Rights Offer Shares”) to
qualifying Curro ordinary shareholders in the ratio of 21 Rights Offer
Shares for every 100 Curro ordinary shares held on the Rights Offer record
date. The Rights Offer was partially underwritten by PSG Financial
Services Limited (“PSG” or “the Underwriter”) up to a maximum of
21 436 041 Curro ordinary shares.

The results of the Rights Offer, which closed on Friday, 10 May 2013, are
as follows:

                                      Number of rights   % of rights offer
                                      offer shares       shares
Rights offer shares available for             50 489 948               100%
subscription
Rights offer shares subscribed for             50 323 026             99.7%
by Curro shareholders
Rights offer shares to be issued to              166 922               0.3%
the Underwriter

For Curro shareholders who have subscribed for the Rights Offer:

i)    share certificates will be posted to the holders of certificated
      Curro shares on or about Monday, 13 May 2013; and
ii)   the Central Securities Depository Participant (“CSDP”) or broker
      accounts of holders of dematerialised Curro shares will be credited
      with the Rights Offer shares and debited with any payments due on
      Monday, 13 May 2013.

Durbanville
13 May 2013

Sponsor and Corporate adviser: PSG Capital (Proprietary) Limited

Independent reporting accountants: Deloitte & Touche

Underwriter: PSG Financial Services Limited

Date: 13/05/2013 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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