SQE - Square One - Audited results for the year ended 31 December 2009

Release Date: 06/05/2010 07:05
Code(s): SQE
 
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SQE - Square One - Audited results for the year ended 31 December 2009 Square One Solutions Group Limited (Incorporated in the Republic of South Africa) (Registration number 1999/026822/06) Share code: SQE ISIN: ZAE00023768 ("Square One" or "the company") AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2009 Shareholders are referred to the audited results for the year ended 31 December 2009 published on SENS on 30 April 2010. This announcement contained the following paragraph with respect to litigation: "There is no material litigation pending against the company". The correct paragraph reads as follows: "There is a claim against Square One by a UK based company, in the amount of GBP285 683.63. Square One has defended this claim and has instituted a counterclaim in the amount of R9 833 923. Both the Board of Directors of Square One, as well as its legal counsel, believes that Square One will in due course be able to successfully prove its claim". 6 May 2010 Sponsor: Grindrod Bank Limited Date: 06/05/2010 07:05:16 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.
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