FBR - Famous Brands - Acquisition Of Coffee Contact (Pty) Limited

FBR - Famous Brands - Acquisition Of Coffee Contact (Pty) Limited               
Famous Brands Limited                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/004875/06)                                            
Share code: FBR & ISIN code: ZAE000053328                                       
("Famous Brands" or "the group")                                                
VOLUNTARY ANNOUNCEMENT:  ACQUISITION OF COFFEE CONTACT (PTY) LIMITED ("COFFEE   
CONTACT")                                                                       
On 4 December 2006 shareholders were advised that Famous Brands had acquired a  
controlling interest in Coffee Contact (comprising 70% of the equity in Coffee  
Contact), a private business which roasts and blends premium coffee beans       
sourced globally for the restaurant and hospitality trade in Gauteng.  Product  
is marketed under the Cafe Maestro brand.  The company also has the distribution
rights for Tonino Lamborghini Cafe in South Africa.  The acquisition was subject
to the successful completion of a due diligence.                                
Famous Brands wishes to advise that:                                            
    *    The group has reached agreement with the Coffee Contact shareholders   
         to acquire 100% of the equity in Coffee Contact.                       
    *    All conditions precedent have been successfully fulfilled and the deal 
is effective from 1 December 2006.                                     
    *    As previously advised, and notwithstanding the revised terms of the    
         acquisition, the acquisition price is not material, and will be        
         settled partly in cash and partly by the issue of 646 400 Famous       
Brands shares, at the price of R12.50 per share, being the ruling      
         price on 01 December 2006 when the agreement was originally entered    
         into.                                                                  
Midrand                                                                         
8 March 2007                                                                    
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 09/03/2007 15:12:00 Supplied by www.sharenet.co.za                     
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