FRT - Faritec - Appointment of liquidator and withdrawal of cautionary

FRT - Faritec - Appointment of liquidator and withdrawal of cautionary          
Faritec Holdings Limited                                                        
(Registration number 1998/004872/06)                                            
Share code: FRT                                                                 
ISIN: ZAE000016838                                                              
("Faritec" or "the Company")                                                    
APPOINTMENT OF LIQUIDATOR AND WITHDRAWAL OF CAUTIONARY                          
Shareholders are referred to the announcement dated 11 May 2010 advising        
shareholders that Faritec, in its capacity as a creditor of Faritec Enterprise  
Solutions (Pty) Ltd ("Faritec Enterprise Solutions") had filed for the          
liquidation of Faritec Enterprise Solutions, Faritec`s wholly owned operating   
subsidiary.                                                                     
Shareholders are advised that ANTRUST (PTY) LTD has been appointed as liquidator
to Faritec Enterprise Solutions.                                                
Given that trading of Faritec shares have been suspended the existing cautionary
announcement is withdrawn as it is no longer applicable in the current          
circumstances.                                                                  
15 June 2010                                                                    
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 15/06/2010 15:19:01 Supplied by www.sharenet.co.za                     
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