KGM - Kagiso Media Limited - Cautionary announcement

KGM - Kagiso Media Limited - Cautionary announcement                            
Kagiso Media Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1957/000036/06)                                            
Share code KGM      ISIN ZAE 000014007                                          
("Kagiso Media" or "the company")                                               
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Kagiso Media has made an offer to acquire 100 per 
cent of the shares in Juta & Company Limited ("Juta") for the sum of R 300      
million. The transaction is, however, subject to, inter alia, the completion of 
a sale agreement, regulatory approvals and the necessary approvals by the       
shareholders of Juta and the successful implementation of a scheme of           
arrangement.                                                                    
The completion date for the transaction is anticipated to be 31 March 2012.     
Accordingly, shareholders are advised to exercise caution when dealing in the   
company`s securities until a further detailed announcement is made.             
19 December 2011                                                                
Johannesburg                                                                    
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 19/12/2011 16:30:01 Supplied by www.sharenet.co.za                     
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