SBL - SABLE - Results Of The Claw-Back Offer

SBL - SABLE - Results Of The Claw-Back Offer                                    
SABLE HOLDINGS LIMITED                                                          
(INCORPORATED IN THE REPUBLIC OF SOUTH AFRICA)                                  
(REGISTRATION NUMBER 1968/010636/06)                                            
("SABLE" OR "THE COMPANY")                                                      
SHARE CODE: SBL           ISIN: ZAE000006383                                    
RESULTS OF THE CLAW-BACK OFFER                                                  
Sable announces that the 22 for 100 claw-back offer of 1 797 400 new ordinary   
shares at a price of R19.47 closed for acceptances at 12:00 on Friday, 8 May    
2009 for qualifying shareholders and their renouncees. Sable received valid     
acceptances in respect of 110 613 claw-back offer shares, representing          
approximately 6.15% of the total number of claw-back offer shares offered to    
qualifying shareholders pursuant to the claw-back offer.                        
In accordance with the subscription agreement between Sable and Isdale          
Holdings BV ("Isdale"), Isdale has subscribed for the remaining 1 686 787 claw- 
back offer shares.                                                              
Johannesburg                                                                    
11 May 2009                                                                     
Sponsor: Sasfin Capital                                                         
A division of Sasfin Bank Limited                                               
Date: 11/05/2009 12:11:01 Supplied by www.sharenet.co.za                     
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