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ARH - ARB Holdings Limited - Update on Eurolux acquisition ARB HOLDINGS LIMITED (Registration number: 1986/002975/06) Share code: ARH ISIN: ZAE000109435 ("ARB") UPDATE ON EUROLUX ACQUISITION Shareholders are referred to the announcement dated 25 October 2011 wherein it was announced that ARB had acquired a 60% interest in Eurolux (Pty) Limited and any claims on shareholders` loan accounts subject to the fulfillment of certain conditions precedent ("the Acquisition"). The board is pleased to advise shareholders that the Competition Commission has unconditionally approved the Acquisition. The Acquisition remains subject to the fulfillment of certain conditions precedent however these are largely administrative in nature and are expected to be fulfilled during the month of December 2011. As such, the effective date of the Acquisition is expected to be 3 January 2012. Shareholders will be informed of any developments in this regard or once the Acquisition has become unconditional. Durban 02 December 2011 Corporate Advisor and Sponsor: Grindrod Bank Limited Legal adviser to ARB: Brink Cohen Le Roux Incorporated Corporate adviser to Eurolux: Mazars Corporate Finance (Pty) Limited Legal adviser to Eurolux: John Taylor & Associates Incorporated Date: 02/12/2011 09:45:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
