Concor Limited - Unconditional Approval By The Competition Tribunal

Concor Limited - Unconditional Approval By The Competition Tribunal             
Concor Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/003076/06)                                            
Share code: CNC   ISIN: ZAE000001616                                            
("Concor")                                                                      
Murray & Roberts Holdings Limited                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1948/029826/06)                                            
Share code: MUR    ISIN: ZAE000073441                                           
UNCONDITIONAL APPROVAL BY THE COMPETITION TRIBUNAL                              
REMAINING DATES AND TIMES PERTAINING TO THE SCHEME OF ARRANGEMENT PROPOSED BY   
MURRAY & ROBERTS LIMITED                                                        
Further to the announcement on 15 May 2006, shareholders are advised that the   
Competition Tribunal unconditionally approved the acquisition by Murray &       
Roberts Limited ("Murray & Roberts") of the entire issued share capital of      
Concor on 14 June 2006. This was the only remaining condition precedent         
pertaining to the scheme of arrangement proposed by Murray & Roberts, a wholly- 
owned subsidiary of Murray & Roberts Holdings Limited, between Concor and its   
shareholders, other than Mexican Wave Investments (Pty) Limited ("Mexican       
Wave"), in terms of which Murray & Roberts will acquire all the shares in the   
issued share capital of Concor, other than those already held by Mexican Wave   
("scheme"). The scheme is therefore unconditional.                              
Concor shareholders are advised of the salient dates and times relating to the  
final implementation of the scheme set out in the table below:                  
                                                                      2006      
Last day to trade in Concor shares in order to be                               
recorded in the register on the record date on               Friday 23 June     
Date of suspension of listing of Concor shares on the                           
JSE Limited ("JSE") at commencement of trading on            Monday 26 June     
Record date on which Concor shareholders must be recorded                       
in the register in order to receive the scheme                                  
consideration on                                             Friday 30 June     
Date on which the scheme consideration will be posted                           
or transferred (as the case may be) to certificated                             
scheme participants (if documents of title are received                         
on or prior to the record date) or, failing receipt                             
of documents of title on or before the record date, within                      
five business days of receipt thereof by the transfer                           
secretaries, from                                             Monday 3 July     
Date on which the dematerialised scheme participants will                       
have their accounts at their CSDP or broker                                     
credited with the scheme consideration on                     Monday 3 July     
Date of termination of listing of Concor shares on the                          
JSE at the commencement of trading on                        Tuesday 4 July     
Note:                                                                           
1. Share certificates may not be dematerialised or rematerialised after         
Friday 23 June 2006.                                                            
Johannesburg                                                                    
15 June 2006                                                                    
Independent advisor and lead sponsor to Concor                                  
Bridge Capital                                                                  
Legal advisors to Concor                                                        
Sonnenberg Hoffmann Galomik                                                     
Joint sponsor to Concor                                                         
Investec Bank Limited                                                           
(Registration number 1969/004763/06)                                            
Financial advisor and lead sponsor to Murray & Roberts                          
ABSA Capital                                                                    
A division of ABSA Bank Limited                                                 
Reg no 1986/004794/06                                                           
Joint sponsor to Murray & Roberts                                               
Merrill Lynch                                                                   
Global Markets & Investment Banking Group                                       
Merrill Lynch South Africa (Pty) Ltd                                            
Registration number 1995/001805/07                                              
Registered Sponsor and Member of the JSE Limited                                
Attorneys to Murray & Roberts                                                   
Michael Krawitz & Co.                                                           
Werksmans Incorporated                                                          
(Reg No. 1990/007215/21)                                                        
Date: 15/06/2006 12:46:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department