CLR - Clover Industries Limited - Competition commission`s withdrawal

CLR - Clover Industries Limited - Competition commission`s withdrawal           
CLOVER INDUSTRIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/030429/06)                                            
JSE ordinary share code: CLR    ISIN: ZAE000152377                              
("Clover")                                                                      
COMPETITION COMMISSION`S WITHDRAWAL                                             
Clover`s shareholders are advised that the Competition Commission has           
withdrawn its long running referrals of several milk processors, including      
Clover that started in December 2006.                                           
The withdrawal follows the Supreme Court of Appeal`s ruling in September 2010   
in which it upheld Woodlands Dairy (Pty) Ltd and Milkwood Dairy (Pty) Ltd`s     
objections to the Commission`s initiation and investigation.                    
Clover remains committed to fully co-operating with the Competition             
Commission and ensuring that its employees, management and directors do not     
engage in any conduct which constitutes a prohibited practice.                  
To this effect, Clover has numerous initiatives to ensure good corporate        
governance across all its operations.                                           
Johannesburg                                                                    
20 April 2011                                                                   
Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited)              
Date: 20/04/2011 17:00:02 Supplied by www.sharenet.co.za                     
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