EXL - Excellerate Holdings Limited - Notice of a disposal and an acquisition

EXL - Excellerate Holdings Limited - Notice of a disposal and an acquisition    
of securities                                                                   
Excellerate Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/009884/06)                                            
JSE code: EXL     ISIN: ZAE000026092                                            
("Excellerate" or "Company")                                                    
NOTICE OF A DISPOSAL AND AN ACQUISITION OF SECURITIES                           
In terms of section 122(3)(b) of the Companies Act, 71 of 2008, as amended and  
paragraph 3.83(b) of the JSE Limited Listings Requirements, Excellerate         
shareholders are advised that:                                                  
-    The Suikerbos Trust ("Suikerbos") has notified the Company that it has     
    disposed of a beneficial interest in the securities of the Company, such    
    that the total of all beneficial interests of Excellerate ordinary shares   
    held by Suikerbos is now 20.71% of the total Excellerate ordinary shares    
in issue; and                                                               
-    Reezen Limited ("Reezen") has notified the Company that it has acquired a  
    beneficial interest in the securities of the Company, such that the total   
    of all beneficial interests of Excellerate ordinary shares held by Reezen   
is now 7.18% of the total Excellerate ordinary shares in issue.             
Sandton                                                                         
29 December 2011                                                                
Sponsor                                                                         
One Capital                                                                     
Date: 29/12/2011 14:34:01 Supplied by www.sharenet.co.za                     
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