FWX - Foneworx Holdings Limited - Results of Annual General Meeting

FWX - Foneworx Holdings Limited - Results of Annual General Meeting             
FONEWORX HOLDINGS LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 1997/010640/06)                                            
Share code: FWX     ISIN: ZAE000086237                                          
("FoneWorx")                                                                    
RESULTS OF ANNUAL GENERAL MEETING                                               
Shareholders are advised that, at the annual general meeting of FoneWorx        
held today, all the resolutions as set out in the notice of annual              
general meeting were passed by the requisite majority of shareholders,          
save for Ordinary Resolution Number 3 - Approval to issue ordinary              
shares, and to sell treasury shares, for cash.                                  
Such Ordinary Resolution Number 3, although obtaining 58.18% of the votes       
cast in favour thereof by shareholders present or represented at the            
annual general meeting, was not passed by a 75% majority of votes cast in       
favour thereof by shareholders present or represented thereat as required       
in terms of the Listings Requirements of JSE Limited.                           
The special resolutions will be submitted for registration at the               
Companies and Intellectual Property Commission in due course.                   
Johannesburg                                                                    
10 November 2011                                                                
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 10/11/2011 13:58:00 Supplied by www.sharenet.co.za                     
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