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SKY - Sea Kay Holdings Limited - Fulfilment of condition precedent and

Release Date: 01/09/2011 09:47
Code(s): SKY
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SKY - Sea Kay Holdings Limited - Fulfilment of condition precedent and withdrawal of the Cautionary Announcement SEA KAY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/004967/06) JSE code: SKY ISIN: ZAE000102380 ("Sea Kay" or "the company") FULFILMENT OF CONDITION PRECEDENT RELATING TO THE SALE OF SILVER FALCON TRADING 487 (PTY) LIMITED, SERISO 474 (PTY) LIMITED AND CERTAIN EQUIPMENT ("THE TRANSACTIONS") AND WITHDRAWAL OF THE CAUTIONARY ANNOUNCEMENT FULFILMENT OF CONDITION PRECEDENT Further to the announcement dated 25 August 2011 shareholders are advised that Sea Kay has obtained irrevocable commitments to vote in favour of the abovementioned transactions from shareholders representing more than 50% of the shares held by the independent shareholders of Sea Kay. A circular to shareholders, containing full details of the transactions, will be posted to shareholders on or about 15 September 2011. WITHDRAWAL OF THE CAUTIONARY ANNOUNCEMENT Having regard to the information contained in this announcement, the cautionary announcement is withdrawn. Johannesburg 1 September 2011 Sponsor Vunani Corporate Finance Date: 01/09/2011 09:47:05 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.

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