RLF - Rolfes Technology Holdings Limited - Acquisition of Agchem

RLF - Rolfes Technology Holdings Limited - Acquisition of Agchem                
holdings (proprietary) limited ("Agchem") becomes unconditional                 
ROLFES TECHNOLOGY HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration Number:  2000/002715/06)                                          
JSE Share Code:  RLF                                                            
ISIN:  ZAE000096202                                                             
("Rolfes")                                                                      
Acquisition of Agchem Holdings (Proprietary) Limited ("Agchem") becomes         
unconditional                                                                   
Shareholders are referred to the announcements published by Rolfes on 12        
July 2011 and 18 August 2011 regarding the acquisition by Rolfes of (i)         
70% of the issued ordinary share capital of AgChem; and (ii) the                
shareholders loan accounts (if any) of those shareholders who sold their        
shares in AgChem to Rolfes (the "Acquisition").  Shareholders are hereby        
notified that all of the conditions precedent to the Acquisition have           
been fulfilled and that the Acquisition has accordingly become                  
unconditional.  The Acquisition will become effective on 1 November             
2011.                                                                           
Johannesburg                                                                    
31 October 2011                                                                 
Corporate Advisor and Designated Advisor:                                       
Grindrod Bank Limited                                                           
Legal Advisor:                                                                  
Werksmans Inc.                                                                  
Date: 31/10/2011 10:25:34 Supplied by www.sharenet.co.za                     
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