ATR - Africa Cellular Towers Limited - Cautionary announcement

ATR - Africa Cellular Towers Limited - Cautionary announcement                  
AFRICA CELLULAR TOWERS LIMITED                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2000/027374/06)                                            
JSE code: ATR                                                                   
ISIN: ZAE000088084                                                              
("the company")                                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are referred to the company`s interim results announcement dated   
17 November 2010, in which the directors have stated that the Group will need   
additional funding to perform on future contracts, and that the directors       
would explore various options available to secure the necessary funding to      
ensure that the Group has adequate resources in place.                          
Shareholders are advised that the company was successful in securing debt       
funding and is in the process of finalising the terms of the debt facility      
with the potential funder which, when successfully concluded, could affect the  
price of the company`s shares.                                                  
Accordingly, shareholders are advised to exercise caution when dealing in       
their shares on the JSE Limited until a further announcement is made.           
28 January 2011                                                                 
Designated Adviser                                                              
Vunani Corporate Finance                                                        
Date: 28/01/2011 14:26:01 Supplied by www.sharenet.co.za                     
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