JDH - John Daniel Holdings Limited - Results of General Meeting and Approval of

JDH - John Daniel Holdings Limited - Results of General Meeting and Approval of 
a waiver of an offer                                                            
JOHN DANIEL HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1998/013215/06)                                            
Share code: JDH    ISIN: ZAE000136677                                           
("the Company")                                                                 
RESULTS OF GENERAL MEETING AND APPROVAL OF A WAIVER OF AN OFFER                 
The board of directors of the Company are pleased to announce that at the       
general meeting of the Company held on Monday, 17 October 2011 at 10:00 all     
the resolutions presented in the notice of general meeting were passed          
unanimously by the shareholders, including the approval of a waiver to make     
a mandatory offer to minority shareholders of JDH by Escalator Capital Limited  
("Escalator") in the event that Escalator exceeds 35% shareholding in the       
Company as a consequence of underwriting the rights offer.                      
Johannesburg                                                                    
17 October 2011                                                                 
Sponsor                                                                         
Arcay Moela Sponsor (Pty) Ltd                                                   
Date: 18/10/2011 07:05:55 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.