Petmin Limited - Results Of The General Meeting

Petmin Limited - Results Of The General Meeting                                 
PETMIN LIMITED                                                                  
Incorporated in the Republic of South Africa                                    
Registration Number 1972/001062/06                                              
Share Code: PET & ISIN: ZAE000076014                                            
("Petmin", "the company" or "the group")                                        
RESULTS OF THE GENERAL MEETING                                                  
River Group is authorised to announce that, at the general meeting of Petmin    
held on Friday, 12 May 2006, the ordinary resolutions proposed whereby Petmin   
issue 83 333 333 shares for cash to New Africa Mining Fund Nominees, other non- 
related party placees and PSG Capital were approved by shareholders representing
100% of the votes in person or by proxy.                                        
The conclusion of this financing together with the finalisation of the R40      
million asset based term loan of Standard Bank which is expected to be          
commissioned by the end of 2006 concludes the total financing required for the  
Somkhele Anthracite project.                                                    
The JSE will list the shares on or before Monday, 22 May 2006                   
Pretoria                                                                        
12 May 2006                                                                     
Sponsor and Corporate Advisor                                                   
River Group                                                                     
Date: 12/05/2006 01:00:06 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department