SKJ - Sekunjalo Investments Limited - Basis of preparation for the unaudited

SKJ - Sekunjalo Investments Limited - Basis of preparation for the unaudited    
interim results for the period ended 28 February 2011                           
SEKUNJALO INVESTMENTS LIMITED                                                   
Incorporated in the Republic of South Africa                                    
(Registration number: 1996/006093/06)                                           
ISIN: ZAE000017893                                                              
JSE Share Code: SKJ                                                             
("Sekunjalo" or "the Company" or "the Group")                                   
BASIS OF PREPARATION FOR THE UNAUDITED INTERIM RESULTS FOR THE PERIOD ENDED 28  
FEBRUARY 2011                                                                   
Shareholders are referred to the SENS announcement of 20 April 2011 regarding   
the unaudited interim results for the period ended 28 February 2011.            
Shareholders are advised that the abridged group interim financial information  
was prepared in accordance with IAS 34 - Interim financial reporting, as well as
the AC 500 standards and should be read in conjunction with the annual financial
statements for the year ended 31 August 2010, which have been prepared in       
accordance with International Financial Reporting Standards ("IFRS"), the South 
African Companies Act, 1973, as amended and the Listings Requirements of the JSE
Limited.                                                                        
The unaudited interim financial results for the six months ended 28 February    
2011 were prepared in accordance with the Group accounting policies, which      
comply with IFRS and are consistent with those applied in the previous financial
period.                                                                         
21 April 2011                                                                   
Cape Town                                                                       
Sponsor                                                                         
PSG Capital                                                                     
Date: 21/04/2011 09:16:03 Supplied by www.sharenet.co.za                     
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