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VUN - Vunani Limited - Results of the renounceable claw-back offer and increase in directors interests VUNANI LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/020641/06) JSE code: VUN ISIN: ZAE000110359 ("Vunani") RESULTS OF THE RENOUNCEABLE CLAW-BACK OFFER AND INCREASE IN DIRECTORS` INTERESTS Shareholders are referred to the announcements released on the Securities Exchange News Service of the JSE Limited ("JSE") on Monday, 14 December 2009 and Friday, 29 January 2010 relating to the renounceable rights offer of 3 136 000 000 ordinary shares at a subscription price of 10 cents per share ("the claw-back offer"); the results of the claw-back offer are as follows: Number of Percentage of claw-back shares offer shares
Claw-back offer shares 3 136 000 000 100.00% available for subscription: Claw-back offer shares 7 078 537 0.23% subscribed for Excess claw-back offer shares 56 786 0.00% subscribed for Subscriber`s claw-back offer 3 128 864 677 99.77% shares The safe custody accounts of dematerialised shareholders have been credited with the new Vunani shares. Pursuant to that claw-back offer, the directors` indirect beneficial interests in Vunani have increased as follows: Directors: Name of shareholder Number of Increase in Balance shares after shareholding as at the transfer of a result of the 8 March 2010
shares to C Subscription (indirect Nissen (refer Agreement beneficial announcement holding) dated 26
February 2010) EG Dube and associates 274 048 219 1 397 190 554 1 671 238 773 BM Khoza and 171 233 670 873 403 152 1 044 636 822 associates NM Anderson and associates 171 233 670 873 403 152 1 044 636 822 Sandton 8 March 2010 Independent Financial Adviser to Vunani Rand Merchant Bank (A division of FirstRand Bank Limited) Independent Lead Designated Adviser Grindrod Bank Limited Corporate Adviser and Joint Designated Adviser Vunani Corporate Finance Legal adviser to the restructuring Edward Nathan Sonnenbergs Legal adviser to the claw-back offer Fluxmans Inc. Date: 08/03/2010 17:34:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
