AFR - AFGRI Limited - Fulfillment of all conditions precedent of the acquisition

AFR - AFGRI Limited - Fulfillment of all conditions precedent of the acquisition
of the Yellow Maize Business OF Pride Milling Company                           
AFGRI Limited                                                                   
Registration Number: 1995/004030/06                                             
(Incorporated in the Republic of South Africa)                                  
ISIN: ZAE000040549                                                              
JSE share code: AFR                                                             
("AFGRI" or "the Company")                                                      
FULFILLMENT OF ALL CONDITIONS PRECEDENT OF THE ACQUISITION OF THE YELLOW MAIZE  
BUSINESS OF PRIDE MILLING COMPANY ("the Transaction").                          
Further to the SENS announcement of 15 June 2011, AFGRI is pleased to confirm   
that all the conditions precedent to the Transaction have now been fulfilled and
that the effective date of the Transaction is 1 December 2011.                  
Centurion                                                                       
2 December 2011                                                                 
Attorneys for the Company and the Purchaser                                     
Webber Wentzel Attorneys                                                        
Sponsor of the Company                                                          
Investec Bank Limited                                                           
Date: 02/12/2011 10:37:00 Supplied by www.sharenet.co.za                     
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