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RBA - RBA Holdings Limited - Extension of the Clayville acquisition fulfilment

Release Date: 02/02/2011 14:00
Code(s): RBA
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RBA - RBA Holdings Limited - Extension of the Clayville acquisition fulfilment date RBA Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1999/009701/06) (JSE code: RBA ISIN: ZAE000104154) ("RBA" or "the company") EXTENSION OF THE CLAYVILLE ACQUISITION FULFILMENT DATE Shareholders are referred to the announcements released on SENS on 9 and 10 December 2010, where it was announced that a wholly owned subsidiary of RBA has entered into an agreement with Clayville Garden City Housing Company (Proprietary) Limited for the acquisition of nine properties in Clayville Extension 28 Township for an amount of R14.5 million excluding VAT ("the acquisition"). The agreement is subject to various conditions precedent which were required to have been be fulfilled by 31 January 2011. In an addendum to the agreement signed on 31 January 2011, the date by which the conditions precedent are required to be fulfilled has been extended to 28 February 2011. Shareholders will be notified once the transaction becomes unconditional. Johannesburg 2 February 2011 Designated Adviser Exchange Sponsors Date: 02/02/2011 14:00:02 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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