METROFILE HOLDINGS LIMITED - Voluntary announcement in relation to acquisitions

Voluntary announcement in relation to acquisitions

Metrofile Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1983/012697/06)
Share code: MFL
ISIN: ZAE000061727
("Metrofile")

VOLUNTARY ANNOUNCEMENT IN RELATION TO ACQUISITIONS

Shareholders are advised that Metrofile has, through a wholly
owned subsidiary, acquired a 60% interest in E-file Masters
LLC a company registered in Abu Dhabi and operating in the
United Arab Emirates. In addition Metrofile has acquired a 60%
interest in FlexiFile Limited a company registered in Zambia
and operating in Lusaka.

Both acquisitions are involved in the records management
industry inclusive of software, image processing and physical
document storage. The acquisitions are aligned with the
strategic growth objective of geographical expansion into
Africa and the Middle East.

The acquisitions, due to their size, fall below the
transaction thresholds as set out in the Listings Requirements
of JSE Limited and therefore do not require any formal
disclosure.   However,  the   Board  would   like   to  advise
shareholders of these important strategic acquisitions.


Senderwood
8 October 2014

Sponsor
The Standard Bank of South Africa Limited

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