CSP - Chemspec - Notification in terms of section 122(3) of the Companies Act

CSP - Chemspec - Notification in terms of section 122(3) of the Companies Act   
and section 3.83(b) of the JSE Listings Requirements                            
Chemical Specialities Limited                                                   
Incorporated in the Republic of South Africa                                    
Registration number 2005/039947/06                                              
Share code: CSP                                                                 
ISIN: ZAE000109427                                                              
("Chemspec" or "the Company")                                                   
NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b)
OF THE JSE LISTINGS REQUIREMENTS                                                
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the     
Act"), and section 3.83(b) of the JSE Limited Listings Requirements, holders of 
ordinary shares in the Company are advised that Basfour 2052 CC trading as Clark
Investments and Industrial Development Corporation of South Africa Limited ("the
IDC"), have acquired a beneficial interests in ordinary shares of the Company   
("the securities"), such that all its beneficial interests of the securities of 
the Company amount to 12,06% and 14% of the total number of shares in issue,    
respectively.                                                                   
Chemspec hereby confirms that it has received the required notices from Clark   
Investments and the IDC in terms of Section 122(1) of the Act. As required in   
terms of section 122(3) (a) of the Act, Chemspec has filed the required notices 
with the Takeover Regulation Panel.                                             
Durban                                                                          
8 November 2011                                                                 
Company Secretary                                                               
Statucor Proprietary Limited                                                    
Designated Advisor                                                              
Grindrod Bank Limited                                                           
Date: 08/11/2011 15:15:04 Supplied by www.sharenet.co.za                     
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