EXT - Extract Resources - Possible cash offer for Kalahari Minerals Plc

EXT - Extract Resources - Possible cash offer for Kalahari Minerals Plc         
Extract Resources Limited (`Extract`)                                           
Registration No. ABN 61 057 337 952                                             
Registered as an external company in Namibia                                    
ISIN Code: AU000000EXT7                                                         
NSX Share Code: EXT                                                             
POSSIBLE CASH OFFER FOR KALAHARI MINERALS PLC                                   
Extract (ASX/TSX/NSX: EXT) notes the announcement on the London Stock           
Exchange by Kalahari Minerals plc ("Kalahari") and CGNPC Uranium Resources Co   
Ltd ("CGNPC-URC") of a possible recommended cash offer by CGNPC-URC for         
Kalahari, Extract`s 42.79% shareholder.                                         
The independent directors of Extract will consider the implications of the      
announcement for Extract. In the meantime, shareholders are advised to take     
no action and await further advice from the Board.                              
For full release, please refer to http://www.extractresources.com.              
On behalf of the Board of Directors,                                            
Siobahn Lancaster                                                               
Company Secretary                                                               
Windhoek, 8 March 2011                                                          
Registered Office                                                               
Swakop Uranium (Pty) Ltd                                                        
3 Schutzen Street                                                               
Windhoek                                                                        
Namibia                                                                         
Sponsor                                                                         
IJG Securities (Pty) Ltd                                                        
Member of the NSX                                                               
100 Robert Mugabe Avenue                                                        
P O Box 186, Windhoek, Namibia                                                  
Registration No. 95/505                                                         
Date: 09/03/2011 07:07:40 Supplied by www.sharenet.co.za                     
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