OLG - Onelogix Group Limited - Prohibited period share repurchase programme

OLG - Onelogix Group Limited - Prohibited period share repurchase programme     
ONELOGIX GROUP LIMITED                                                          
(Registration number 1998/004519/06)                                            
Share code: OLG                                                                 
ISIN: ZAE000026399                                                              
("OneLogix" or "the Company")                                                   
PROHIBITED PERIOD SHARE REPURCHASE PROGRAMME                                    
Shareholders are advised that the Company has entered into a share repurchase   
programme to repurchase its ordinary shares during the prohibited period.       
This prohibited period commences on 1 December 2011 and terminates when the     
Company releases its interim financial results which is expected to be on or    
before 29 February 2012.                                                        
In terms of the share repurchase programme, a mandate has been entered into     
with a broking firm who has the authority to repurchase shares up to a          
maximum aggregate value of R10 million. In addition, shares may not be          
repurchased at a price greater than the lower of R1.45 per share or 10% above   
the volume weighted average trading price of the Company`s shares over the      
five trading days preceding any particular repurchase.                          
The mandate relating to the repurchase programme is irrevocable and not         
capable of amendment once the Company has entered the prohibited period. Any    
repurchases will be carried out on the JSE within predetermined parameters      
agreed in writing with the broking firm. Any repurchases so effected will       
further be in accordance with the general authority granted by special          
resolutions of the Company`s shareholders passed at the Company`s annual        
general meeting held on Monday, 28 November 2011 and in compliance with the     
relevant provisions of the JSE Limited Listings Requirements and the            
Companies Act (Act 71 of 2008), as amended.                                     
30 November 2011                                                                
Sponsor                                                                         
Java Capital                                                                    
Date: 30/11/2011 17:29:01 Supplied by www.sharenet.co.za                     
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