AET - Alert Steel Holdings Limited - Results of Annual General Meeting

AET - Alert Steel Holdings Limited - Results of Annual General Meeting          
ALERT STEEL HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/005144/06)                                            
JSE code: AET                                                                   
ISIN: ZAE000092847                                                              
(the "company")                                                                 
RESULTS OF ANNUAL GENERAL MEETING                                               
The directors of the company advise that, at the Annual General Meeting of      
shareholders held today, all the resolutions as set out in the notice of Annual 
General Meeting contained in the company`s 2010 Annual Financial Statements,    
were duly passed by the requisite majority votes.                               
In addition, the following special resolutions were passed by the requisite     
majority votes:                                                                 
1   the increase of the existing authorised ordinary share capital from R50 000 
divided into 500 000 000 ordinary shares of 0.0001 cent each to R100 000 divided
into 1 000 000 000 ordinary shares of 0.0001 cent each; and                     
2    the amendment to the memorandum of association.                            
All the special resolutions will be sent to the Registrar of Companies for      
registration.                                                                   
Johannesburg                                                                    
13 January 2011                                                                 
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 13/01/2011 15:43:01 Supplied by www.sharenet.co.za                     
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