Sharenet Sites 
Sharenet Sites
RBA - RBA Holdings Limited - Operational Update RBA Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1999/009701/06) (JSE code: RBA ISIN: ZAE000104154) ("RBA" or "the group") OPERATIONAL UPDATE The group is experiencing an improvement in its operational activities and wishes to update shareholders on the key operating indicators tabled below as at 30 September 2011: 31 December 30 June 2011 30 September 2010 6 months 2011
12 months 9 months Bonds approved awaiting 394 431 382 registration Submitted deals awaiting bond 351 353 257 approval Deals registered in the period 468 215 392 Houses under construction (excl 269 215 158 finals list) Equivalent houses completed * 379 268 432 * "Equivalent houses completed" takes into account houses under construction at the beginning of the period, registrations during the period and houses under construction at the end of the period. It represents the number of equivalent houses actually completed during the period. As at 30 September 2011, 382 bond applications were approved and are awaiting registration. RBA is awaiting a response in respect of 257 applications for end user finance that have been submitted to various financial institutions. This has declined from 353 at 30 June 2011 due to the fact that a clean out of applications was undertaken, with qualifying clients` applications for end user finance being resubmitted to various financial institutions for approval. The construction of 152 rental units in Protea Glen has commenced in early October 2011 with funding provided by the National Housing Finance Corporation. The equivalent houses completed during the 9 month period ended 30 September 2011 has exceeded the number completed in the twelve month period ended 31 December 2010 as a result of increased production activity during the period. The group anticipates that 700 stands will be transferred to clients for the year to 31 December 2011. 25 October 2011 Johannesburg Designated Advisor Exchange Sponsors Date: 25/10/2011 08:33:28 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.
