SAL - Sallies Limited - Posting of circular and notice of General Meeting

SAL - Sallies Limited - Posting of circular and notice of General Meeting       
Sallies Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1903/001879/06)                                            
Share code: SAL     ISIN: ZAE000022588                                          
("Sallies" or "the Company")                                                    
POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING                               
Further to the announcements dated 9 September 2011 and 21 September 2011       
regarding the mandatory offer that is to be made by Fluormin Plc.               
("Fluormin") to the remaining Sallies ordinary shareholders and convertible     
debenture holders ("Sallies Security Holders") where the terms of the offer     
and the financial effects of the offers were announced on SENS and in the       
press. Sallies Security Holders are advised that the circular referred to       
therein has been posted to Sallies Security Holders today and is also           
available on the Sallies website at http://www.sallies.co.za.                   
Notice is hereby given that the general meeting of Sallies regarding the        
approval of the proposed scheme of arrangement for the convertible debenture    
holders will be held at 11:00 am on Tuesday, 29 November 2011 at Block 1,       
Freestone Office Park, 135 Patricia Road, Atholl, Sandton, Johannesburg and     
at 11:30 am for the proposed scheme of arrangement for the remaining Sallies    
ordinary shareholders on the same day at the same location mentioned above.     
Johannesburg                                                                    
1 November 2011                                                                 
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Reporting Accountant and Auditor to Sallies: BDO (South Africa) Incorporated    
Legal Advisor to Fluormin Plc. Fasken Martineau DuMoulin (Pty) Ltd              
Legal Advisor to Sallies: Cliffe Dekker Hofmeyr Inc.                            
Independent expert to Sallies: Mazars Corporate Finance (Pty) Ltd               
Date: 01/11/2011 07:05:01 Supplied by www.sharenet.co.za                     
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