HWN - Howden Africa Holdings - Acquisition of Charter International plc by

HWN - Howden Africa Holdings - Acquisition of Charter International plc by      
Colfax Corporation                                                              
HOWDEN AFRICA HOLDINGS LIMITED                                                  
(Incorporated in Republic of South Africa)                                      
(Registration Number 1996/002982/06)                                            
Share Code: HWN                                                                 
ISIN: ZAE000010583                                                              
("HAHL")                                                                        
Acquisition of Charter International plc ("Charter") by Colfax Corporation      
("Colfax")                                                                      
HAHL shareholders are advised that Charter, which is listed on the London Stock 
Exchange and which indirectly owns (through Howden Group South Africa Limited   
and James Howden & Godfrey Overseas Limited) approximately 55.36% of HAHL, has  
been acquired by an indirect subsidiary of Colfax.                              
Colfax is a global supplier of a broad range of fluid handling products and     
based in the US. It considers Charter to be a leading player in key markets with
an attractive business mix and strong technological capabilities that will fit  
well with Colfax`s acquisition criteria.                                        
Colfax believes that Howden will extend Colfax`s existing fluid handling        
business, as both organisations focus on supplying a range of market leading    
products to applications where performance and reliability are paramount.       
If you have any questions concerning this matter, please contact ......... You  
can also visit the websites following websites:                                 
-    Howden(www.howden.com) and/or                                              
-    Colfax (www.colfaxcorp.com).                                               
17 January 2012                                                                 
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Proprietary)                          
Limited (Registration number 1970/003711/07)                                    
Date: 17/01/2012 16:14:00 Supplied by www.sharenet.co.za                     
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