AET - Alert Steel Holdings Limited - Update on the reorganisation of Alert Steel

AET - Alert Steel Holdings Limited - Update on the reorganisation of Alert Steel
Polokwane (PTY) Limited and Alert Steel Reinforcing (PTY) Limited               
ALERT STEEL HOLDINGS LIMITED                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/005144/06)                                            
JSE code: AET                                                                   
ISIN: ZAE000092847                                                              
("Alert Steel" or "company")                                                    
UPDATE ON THE REORGANISATION OF ALERT STEEL POLOKWANE (PTY) LIMITED AND ALERT   
STEEL REINFORCING (PTY) LIMITED                                                 
Shareholders are referred to the announcement published on SENS on 18 August    
2011 and the circular posted to shareholders on 29 August 2011 regarding the    
reorganisation of Alert Steel Polokwane (Pty) Limited and Alert Steel           
Reinforcing (Pty) Ltd ("the indivisible transactions") subject to the fulfilment
of certain conditions precedent.                                                
Shareholders are hereby advised that all conditions precedent to the indivisible
transactions, as set out in the circular, have been fulfilled.                  
10 November 2011                                                                
Pretoria                                                                        
Designated advisor                                                              
QuestCo Sponsors (Pty) Limited                                                  
Date: 10/11/2011 09:35:01 Supplied by www.sharenet.co.za                     
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