MTL - Mercantile Bank Holdings Limited - Cautionary Announcement - Specific

MTL - Mercantile Bank Holdings Limited - Cautionary Announcement - Specific     
Repurchase of securities                                                        
Mercantile Bank Holdings Limited                                                
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1989/000164/06)                                            
Share code: MTL ISIN: ZAE000064721                                              
("Mercantile" or "the Company")                                                 
Cautionary Announcement - Specific Repurchase of securities                     
Shareholders are advised that the Board of Directors of the Company has         
resolved to make an offer to minority shareholders to acquire all of their      
Mercantile securities. The intended corporate action is subject to all          
relevant regulatory requirements and approvals (including in accordance with    
the Companies Act, 2008, and Regulations, the JSE Listings Requirements and     
the Banks Act, 1990.) Accordingly, shareholders are advised to exercise         
caution when dealing in the Company`s securities until a further detailed       
announcement is released.                                                       
Johannesburg                                                                    
5 January 2012                                                                  
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 05/01/2012 15:36:01 Supplied by www.sharenet.co.za                     
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