WTL - William Tell Holdings Limited - Lifting of suspension of Mr. W. Van Coller

WTL - William Tell Holdings Limited - Lifting of suspension of Mr. W. Van Coller
WILLIAM TELL HOLDINGS LIMITED                                                   
Incorporated in the Republic of South Africa)                                   
Registration Number:  2004/030045/06)                                           
JSE Code:  WTL      ISIN:  ZAE000098133                                         
("William Tell" or "the Company")                                               
LIFTING OF SUSPENSION OF MR. W. VAN COLLER                                      
Shareholders are referred to the announcement released on SENS on 31 March 2011 
advising shareholders of the Board`s decisions to suspend Mr. Wally van Coller  
("Mr. Van Coller") as an executive director of the Company with immediate       
effect, pending an investigation.                                               
Shareholders are hereby advised that the investigation has found that the       
grounds for the suspension of Mr. Van Coller could not be substantiated.        
Accordingly, the suspension of Mr. van Coller as managing director of William   
Tell was uplifted today with immediate effect.                                  
Johannesburg                                                                    
26 May 2011                                                                     
Designated Advisor:  PSG Capital (Proprietary) Limited                          
Date: 26/05/2011 15:40:01 Supplied by www.sharenet.co.za                     
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