SAL - Sallies Limited - Renewal of cautionary announcement

SAL - Sallies Limited - Renewal of cautionary announcement                      
Sallies Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1903/001879/06)                                            
Share code: SAL ISIN: ZAE000022588                                              
JSE Code: SALD ISIN: ZAE000117305                                               
("Sallies" or "the Company")                                                    
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the renewal of cautionary announcement published on 8 February 2011, 
Sallies shareholders and debenture holders are reminded that the proposed       
transaction between Maghreb Mineral Plc and Firebird Global Master Fund Ltd and 
Firebird Global Master Fund II Ltd as previously announced on 28 December 2010  
remains conditional and the Sallies shareholders and debenture holders are      
advised to continue to exercise caution when dealing in their shares and        
debentures respectively, until such time as the terms of the mandatory offers   
are published.                                                                  
Johannesburg                                                                    
4 March 2011                                                                    
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 04/03/2011 07:06:00 Supplied by www.sharenet.co.za                     
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