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REI - Reinet Investments S.C.A. Depositary Receipts - Disclosure of significant

Release Date: 07/05/2010 17:30
Code(s): REI
Wrap Text

REI - Reinet Investments S.C.A. Depositary Receipts - Disclosure of significant holding of Reinet Investments S.C.A. (`Reinet`) shares Reinet Investments S.C.A. Depositary Receipts issued by Richemont Securities AG (Incorporated in Switzerland) ISIN: CH0045793657 Depositary Receipt Code: REI PRESS RELEASE FOR IMMEDIATE RELEASE 7 MAY 2010 Disclosure of significant holding of Reinet Investments S.C.A. (`Reinet`) shares. Reinet has been advised by Public Investment Corporation Limited (`PIC`), private bag X187, Pretoria 0001, Republic of South Africa that accounts under its management hold 295 048 871 Reinet South African Depository Receipts (`DRs`), equivalent to 29 504 887 Reinet shares. Accordingly, PIC`s holding indirectly represents 15.0580 per cent of the voting rights in Reinet. Reinet DRs are issued by Richemont Securities AG, a company held jointly by Reinet and Compagnie Financiere Richemont SA. In its capacity as depository, Richemont Securities AG holds one share in safe custody for every 10 Reinet DRs in issue. The information contained in this press release is not considered to be price sensitive. Reinet Investments Manager SA for and on behalf of Reinet Investments SCA Website: www.reinet.com Reinet Investments SCA is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35 Boulevard Prince Henri, L 1724 Luxembourg. Reinet shares are listed on the Luxembourg Stock Exchange and Reinet DRs are listed in Johannesburg on the exchange operated by the JSE Limited. Reinet shares are included in the `LuxX` index of the principal shares traded on the Luxembourg exchange and the DRs are included in the JSE `Top 40` Share Index. Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 07/05/2010 17:30:01 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.