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SCL - SacOil Holdings Limited - Legal action taken against SacOil SacOil Holdings Limited Incorporated in the Republic of South Africa Registration number: 1993/000460/06 Share code: SCL ISIN code: ZAE000127460 ("SacOil" or "the Company") Legal action taken against SacOil SacOil shareholders ("Shareholders") are referred to the previous announcement published on SENS on 15 September 2010 ("the Announcement") in which Shareholders were advised that the Company had been cited as defendant in an action instituted by one Joseph Gadifele Modibane ("the Plaintiff") in the North Gauteng High Court. Shareholders are advised that the Company is now in receipt of a second summons from the Plaintiff citing the Company as first defendant in another action instituted in the North Gauteng High Court. In his particulars of claim the Plaintiff alleges that the content of the Announcement was defamatory of the Plaintiff and claims payment from the Company of damages in the amount of R80 000 000. The Company believes the claim is without substance and has instructed its legal representatives, Deneys Reitz, to vigorously defend the action. Midrand 22 September 2010 Sponsor BDO Corporate Finance Date: 22/09/2010 16:47:01 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.
