IDECO GROUP LIMITED - Name change and registration of the special resolutions

Name change  and registration of the special resolutions

Ideco Group Limited
Incorporated in the Republic of South Africa
Registration number 2001/023463/06
Share code: IDE
ISIN code: ZAE000107579
("Ideco” or the “Company")

CONFIRMATION OF REGISTRATION OF THE SPECIAL RESOLUTIONS AND
SALIENT DATES

FINALISATION ANNOUNCEMENT REGARDING:
     - the change of name of Ideco Group Limited to Muvoni
       Technology Group Limited (“the change of name”)
     - the conversion of par value shares to shares of no par
       value (“the share capital conversion”;and
     - the adoption of a new memorandum of incorporation (“the
       MOI adoption”)

Shareholders are referred to the announcements released by the
Company on 20 June 2012 and 6 July 2012, relating to the
results of the general meeting at which meeting special
resolutions relating to the Change of Name, the Share Capital
Conversion and the MOI Adoption were approved by shareholders.

Following the above, shareholders are hereby advised that the
Company has received confirmation of registration of the
Special Resolutions by the Companies and Intellectual Property
Commission (“CIPC”) and there are no further conditions
outstanding.

Accordingly, the salient dates and times applicable to the
Change of Name, the Share Capital Conversion and the MOI
Adoption are as follows:

                                                                 2012

Finalisation date for Change of Name            Wednesday, 1 August


Last day to trade under old name                  Friday, 10 August

Trade under the new name “Muvoni
Technology Group Limited”, JSE code: MTG
and ISIN code: ZAE000167268 from                  Monday, 13 August
commencement of trading on JSE

Record date                                       Friday, 17 August
Issue to certificated shareholders of new
share certificates, posting of share
certificates to those shareholders who
have submitted their share certificates
and forms of surrender on or before 12:00
on the record date. Share certificates
and forms of surrender received after
12:00 on the record date will have their
new certificates posted within five days
of receipt of surrender and in respect of
dematerialised shareholders’ CSDP and
Broker accounts updated on
                                                Monday, 20 August


Notes:

Share certificates in the name of Ideco Group Limited may not
be dematerialised or rematerialised after Friday, 10 August
2012.

Johannesburg
01 August 2012

Corporate Advisor
Dea-ru

Designated Advisor
Sasfin Capital
(a division of Sasfin Bank Limited)

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