GDN - Gooderson Leisure Corporation Limited - Unaudited pro forma financial

GDN - Gooderson Leisure Corporation Limited - Unaudited pro forma financial     
effects and withdrawal of cautionary announcement                               
Gooderson Leisure Corporation Limited                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1972/004241/06)                                            
JSE Share Code: GDN  ISIN: ZAE000084984                                         
("Gooderson" or "the company")                                                  
UNAUDITED PRO FORMA FINANCIAL EFFECTS AND WITHDRAWAL OF CAUTIONARY              
ANNOUNCEMENT                                                                    
1.   INTRODUCTION                                                               
    Shareholders are referred to the SENS announcement on the 14 October 2011   
regarding the acquisition by Alawill Investments (Pty) Limited, a wholly    
    owned subsidiary of Gooderson, as a going concern, the hotel business and   
    assets, the timeshare property and assets as well as other specified        
    assets of the Kloppenheim Country Estate from Fabcos Property Four          
(Proprietary) Limited as represented by HCI Limited.                        
2.   UNAUDITED PRO FORMA FINANCIAL EFFECTS OF THE ACQUISITION                   
    The pro forma financial effect on the net assets and net tangible assets    
    per share are below 3% and are considered insignificant.                    
3.   WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                      
    Caution is no longer required to be exercised by shareholders when          
    dealing in their Gooderson`s securities.                                    
    Shareholders will be notified once the acquisition becomes unconditional.   
24 November 2011                                                                
Durban                                                                          
Designated Adviser                                                              
Exchange Sponsors                                                               
Date: 24/11/2011 11:51:57 Supplied by www.sharenet.co.za                     
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