Murray & Roberts - Sanctioning Of The Scheme Of Arrangement

Murray & Roberts - Sanctioning Of The Scheme Of Arrangement                     
Murray & Roberts Holdings Limited                                               
(Incorporated in the Republic of South Africa)                                  
Registration number: 1948/029826/06                                             
Share code: MUR & ISIN: ZAE000008983                                            
("Murray & Roberts")                                                            
SANCTIONING OF THE SCHEME OF ARRANGEMENT                                        
1. Introduction                                                                 
Shareholders are advised that on Tuesday 29 November 2005 the High Court of     
South Africa (Witwatersrand Local Division) sanctioned the scheme of arrangement
("the scheme") in terms of section 311 of the Companies Act No. 61 of 1973, as  
amended, proposed by two wholly-owned subsidiaries of Murray & Roberts, the     
trustees of the Letsema Bokamoso General Staff Trust and the trustees of the    
Letsema Vulindlela Black Executives Trust, between Murray & Roberts and its     
ordinary shareholders ("the shareholders").                                     
2. Condition precedent                                                          
The remaining condition precedent is that the Order of Court sanctioning the    
scheme be registered by the Registrar of Companies. It is expected that the     
Order of Court will be registered by the Registrar of Companies by Friday       
2 December 2005.                                                                
3. Salient dates and times                                                      
It is anticipated that the scheme will be implemented according to the timetable
contained in the announcement dated 20 October 2005 issued by Murray & Roberts  
and the circular to shareholders dated 21 October 2005.                         
The operative date of the scheme is expected to be Monday 19 December 2005.     
Johannesburg                                                                    
29 November 2005                                                                
Financial advisor and transaction sponsor                                       
  Absa Corporate and Merchant Bank                                              
  Corporate Finance                                                             
Sponsor                                                                         
Merrill Lynch                                                                
Attorneys                                                                       
   Bowman Gilfillan Inc.                                                        
Reporting Accountants                                                           
Deloitte & Touche                                                            
Independent financial advisor                                                   
   SizweNtsaluba VSP                                                            
Date: 29/11/2005 05:08:04 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department