JASCO ELECTRONICS HOLDINGS LIMITED - Shareholder update: Disposal by Jasco of the Midrand Property

Shareholder update: Disposal by Jasco of the Midrand Property

JASCO ELECTRONICS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/003293/06)
Share Code: JSC & ISIN: ZAE000003794
("Jasco" or "the company" or “the Group”)

SHAREHOLDER UPDATE: DISPOSAL BY JASCO OF THE MIDRAND PROPERTY

1.   INTRODUCTION

     Shareholders are referred to the announcement published on the Securities Exchange News Service of the
     JSE Limited (“SENS”) and in the press dated 22 October 2012 and the subsequent SENS announcement on
     21 May 2013, whereby shareholders were advised inter alia that all resolutions necessary to approve the
     disposal by Jasco of its head office property (“Midrand Property”) to Genesis Properties Proprietary Limited
     (“GenProps”) had been passed with the requisite majority and that all conditions precedent have
     subsequently been fulfilled, subject to the transfer of the Midrand Property by the Deeds Office.

2.   TRANSFER OF THE MIDRAND PROPERTY

     Shareholders are hereby advised that the transfer of the Midrand Property has been completed and the
     disposal is therefore effective.


Johannesburg
5 July 2013


Corporate Adviser and Sponsor
Grindrod Bank Limited

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