JSC - Jasco Electronics Holdings Limited - Acquisition by Jasco of Ferrotech now

JSC - Jasco Electronics Holdings Limited - Acquisition by Jasco of Ferrotech now
unconditional                                                                   
JASCO ELECTRONICS HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/003293/06)                                            
Share Code: JSC & ISIN: ZAE000003794                                            
("Jasco" or "the company")                                                      
Acquisition by Jasco of Ferro ResONANT Technologies (Proprietary) Limited       
("FerroTech") NOW UNCONDITIONAL                                                 
Shareholders are referred to the announcement released on the Securities        
Exchange News Service of the JSE Limited on 23 January 2012 and in the press on 
24 January 2012, in which shareholders were advised that Jasco had entered into 
an agreement to acquire 100% of the ordinary shares in FerroTech, effective 1   
January 2012 ("the Acquisition") from the founding shareholders and senior      
management.                                                                     
Jasco confirms that all of the suspensive conditions have been fulfilled and the
Acquisition is now fully unconditional.                                         
Johannesburg                                                                    
6 February 2012                                                                 
Sponsor:                                                                        
Grindrod Bank Limited                                                           
Date: 06/02/2012 14:15:36 Supplied by www.sharenet.co.za                     
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