BVT - The Bidvest Group Limited - Update on partial sale of investment in Mumbai

BVT - The Bidvest Group Limited - Update on partial sale of investment in Mumbai
International Airport Private Limited                                           
THE BIDVEST GROUP LIMITED                                                       
("Bidvest")                                                                     
(Registration number 1946/021180/06)                                            
Share code:  BVT                                                                
ISIN: ZAE000117321                                                              
UPDATE ON PARTIAL SALE OF INVESTMENT IN MUMBAI INTERNATIONAL AIRPORT PRIVATE    
LIMITED                                                                         
Bidvest announced on SENS on March 4  2011 that subject to certain conditions   
precedent it had sold half of its economic interest in Mumbai International     
Airport Private Limited for a profit of between R300  -  R400 million.          
As of today`s date, certain formalities remain to be completed and as such these
profits will not be included in the results to June 30 2011. The formalities are
expected to be completed by end September 2011.                                 
Shareholders are reminded that this profit was over and above the normal        
sustainable trading results of Bidvest.                                         
Date: August 23 2011                                                            
Johannesburg                                                                    
Sponsor: Investec Bank Limited                                                  
Date: 23/08/2011 17:05:01 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.