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KAP - KAP International Holdings Limited - Posting of circular and revised

Release Date: 19/12/2011 16:00
Code(s): KAP
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KAP - KAP International Holdings Limited - Posting of circular and revised listing particulars KAP INTERNATIONAL HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration Number 1978/000181/06) Share code: KAP ISIN: ZAE000059564 ("KAP" or "the company") POSTING OF CIRCULAR AND REVISED LISTING PARTICULARS Further to the announcement issued on SENS on 18 October 2011 and in the press on 19 October 2011, KAP shareholders are advised that the company has posted a Circular and Revised Listing Particulars by registered post, dated 9 December 2011 ("the Circular"), to its shareholders in terms of which KAP will, subject to the fulfillment of conditions precedent, acquire from Steinhoff Africa Holdings (Proprietary) Limited ("Steinhoff Africa") the entire issued ordinary share capital of and all claims on loan account against Unitrans Holdings Proprietary Limited ("Unitrans"), PG Bison Holdings Proprietary Limited ("PG Bison"), SHF Raw Materials Proprietary Limited, Toolplast Holdings Proprietary Limited ("Toolplast") and Roadway Transport Proprietary Limited ("Roadway") (collectively the "Steinhoff Industrial Assets"), in exchange for KAP shares and the crediting of a loan account in favour of Steinhoff Africa (the "Acquisition"). The General Meeting will be held at the offices of PSG Capital Proprietary Limited on the 1st Floor, Ou Kollege, 35 Kerk Street, Stellenbosch, at 10:00 on Monday, 16 January 2012 for the purposes of considering and, if deemed fit, passing with or without modification, the resolutions required to give effect to the Acquisition. 19 December 2011 Johannesburg Sponsor to KAP: PSG Capital Proprietary Limited Legal advisor to KAP: Werksmans Inc and Pohl & Stuhlinger Attorneys Competition law advisor to KAP: Norton Rose Reporting accountants and auditors: Deloitte & Touche Independent expert: PricewaterhouseCoopers Corporate Finance Date: 19/12/2011 16:00:01 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.

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