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CAE/DYM - Cape Empowerment Trust Limited/Dynamic - Results of the scheme of arrangement Cape Empowerment Trust Limited (Incorporated in the Republic of South Africa) (Registration number 1998/014606/06) ("CET") Share Code: CAE ISIN: ZAE000016952 Dynamic Cables RSA Limited (Incorporated in the Republic of South Africa) (Registration number 1987/001807/06) ("Dynamic") Share Code: DYM ISIN: ZAE000028270 RESULTS OF THE SCHEME OF ARRANGEMENT IN TERMS OF SECTION 311 OF THE COMPANIES ACT, 1973 (ACT 61 OF 1973), AS AMENDED, AS PROPOSED BY DYNAMIC BETWEEN CET AND ITS SHAREHOLDERS ("THE SCHEME") Shareholders of CET and Dynamic are hereby advised that the result of the scheme, which became operative on 31 May 2010 is as follows: Number of CET shares electing to receive Dynamic shares in terms of the scheme 288 467 843 Number of Dynamic shares issued in terms of the scheme (2 Dynamic shares for every 1 CET share held) 576 935 686 Number of CET shares electing the cash alternative 43 764 830
Amount paid to CET shareholders in terms of cash alternative R17 505 932 Shareholders are reminded that the scheme consideration will be paid or posted to certificated scheme participants, if their documents of title were received on or before 28 May 2010, and that the accounts of dematerialised scheme participants, held at their CSDP or broker, will be updated on Monday, 31 May 2010. The listing of CET shares will be terminated at the commencement of trading on Tuesday, 1 June 2010 and Dynamic will henceforth be named Cape Empowerment Limited (Share code: CAP, ISIN code: ZAE0001450066). Cape Town 31 May 2010 Sponsor Sasfin Capital A division of Sasfin Bank Limited Attorneys to Dynamic and attorneys to the scheme Cliffe Dekker Hofmeyr Inc. Date: 31/05/2010 14:27:01 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.
