BLUE FINANCIAL SERVICES LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

Blue Financial Services Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1996/006595/06)
JSE Share code: BFS
ISIN: ZAE000083655
(“Blue” or the “Company” or the “Group”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Introduction
1. Shareholders are referred to the cautionary announcement
    published on the Securities Exchange News Service (“SENS”) of
    the JSE Limited on 21 January 2013 and the subsequent renewal
    of cautionary announcement published 4 March, 16 April, 29
    May and 26 June 2013, whereby Shareholders were advised that
    the   Company   is  in  negotiations   with  Mayibuye    Group
    Proprietary   Limited  (“Mayibuye”),   the  54%    controlling
    shareholder of Blue and therefore a related party.

2.   The   negotiations   pertain    to   the    proposed   further
     recapitalisation of the Company.

Renewal of cautionary announcement
3. Shareholders are hereby advised that the discussions are
    ongoing, but are not yet finalised. Shareholders should
    therefore continue to exercise caution when dealing in the
    Company's securities until a further announcement is made on
    SENS.

Johannesburg
13 August 2013

Designated Adviser to Blue
Grindrod Bank Limited

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