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Vox - Vox Telecom Limited - Update announcement regarding posting of circular VOX TELECOM LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/016433/06) (Share code VOX) (ISIN: ZAE000097234) ("Vox" or "the Company") UPDATE ANNOUNCEMENT REGARDING POSTING OF CIRCULAR Vox shareholders ("Shareholders") are referred to the firm intention announcement published by Vox on SENS on 14 July 2011 and in the press on 15 July 2011 regarding the terms on which Business Venture Investments No 1542 (Proprietary) Limited ("BidCo"), a special purpose vehicle held by Lereko Metier Trustees (Proprietary) Limited, acting in its capacity as a trustee of Lereko Metier Capital Growth Fund, Master`s reference number IT 11855/06 and the LMCGF Parallel Trust 1, Master`s reference number IT 12788/07 and Investec Bank Limited proposed to acquire the entire issued and to be issued share capital in Vox, by way of a scheme of arrangement in terms of section 114 of the Companies Act, No. 71 of 2008, as amended from time to time ("Act"), to be proposed by the board of directors of Vox between Vox and its Shareholders ("Scheme"). In the aforementioned announcement, Shareholders were advised that further details of the Scheme would be included in the circular to be sent to Shareholders containing, inter alia, a notice of the meeting of Shareholders, a form of proxy, a form of surrender and transfer and a prospectus in respect of BidCo ("Circular") which was expected to be posted to Shareholders on or about 19 August 2011, being within 20 business days as required by 102(2)(a) of the Takeover Regulations issued pursuant to the Act. The Takeover Regulation Panel has granted Vox an extension regarding the posting of the Circular to Shareholders in order to allow for the registration of BidCo`s prospectus with the Companies and Intellectual Property Commission. It is expected that the Circular will now be posted to Shareholders on or about 9 September 2011. Johannesburg 19 August 2011 Corporate advisor Independent expert Legal and tax and Designated to Vox advisor to Vox Advisor to Vox Grindrod Bank KPMG Webber Wentzel Corporate advisor to Legal advisor to the Auditors and the Consortium and Consortium and BidCo Reporting BidCo Accountants to Vox and BidCo Investec Corporate Cliffe Dekker Deloitte Finance Hofmeyr Communications advisor to the Consortium Brunswick Date: 19/08/2011 07:05:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
