VALUE GROUP LIMITED - Notice in terms of Section 45(5) of the Companies Act

Notice in terms of Section 45(5) of the Companies Act

Value Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1997/002203/06
Share code: VLE
ISIN code: ZAE000016507
(“Value” or “the company’)


NOTICE IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT NO 71 OF 2008 (“THE
ACT”)

This is a notice in terms of Section 45(5) of the Act. On 17 September 2012 the
shareholders of Value approved a special resolution authorising the board of directors of
Value (“the Board”) to provide financial assistance to related and inter-related companies.
The Board has, pursuant to the above authorisation and in accordance with Section 45 of
the Act, resolved to provide guarantees to related and inter-related companies to secure the
banking facilities required by such companies. The total financial assistance provided to
related and inter-related companies in terms of resolutions passed by the Board during the
current financial year exceeds one-tenth of one percent of Value’s net worth. This notice is
required to be provided in terms of Section 45(5) of the Act as the threshold referred to
above has been exceeded.




Johannesburg
28 March 2013

Sponsor:
Investec Bank Limited

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