BILETS - Letshego Holdings Limited - Cautionary announcement

BILETS - Letshego Holdings Limited - Cautionary announcement                    
Letshego Holdings Limited                                                       
Incorporated in the Republic of Botswana                                        
Registration number 98/442                                                      
("the Company")                                                                 
Cautionary announcement                                                         
Letshego Holdings Limited, a leading provider of unsecured consumer loans, is   
listed on the Botswana Stock Exchange, IFSC accredited and has operations in    
Botswana, Mozambique, Namibia, Swaziland, Tanzania, Uganda and Zambia.          
The Board of Directors of the Company would like to bring to the attention of   
shareholders that Letshego Financial Services (Pty) Limited (`Letshego          
Botswana`), a material subsidiary of Letshego Holdings Limited, was informed on 
31 August 2011 of the intention of the Government of the Republic of Botswana to
cease facilitating the deduction of Micro Lenders loan repayments from source   
effective 1 December 2011.                                                      
Should this revocation come into effect Letshego Botswana will use alternative  
methods for the collection of contractual monthly loan repayments.              
The Board of Directors is engaging with the relevant authorities to obtain more 
clarity and a resolution to this matter.                                        
Shareholders are therefore advised to exercise caution when dealing in the      
securities of the Company.                                                      
Gaborone                                                                        
2 September 2011                                                                
Debt sponsor in South Africa                                                    
Renaissance BJM Securities (Pty) Limited                                        
Sponsoring broker in Botswana                                                   
Stockbrokers Botswana Limited                                                   
Date: 02/09/2011 09:00:02 Supplied by www.sharenet.co.za                     
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