SFN/SFNP - Sasfin Holdings Limited - Voluntary preference shareholder update

SFN/SFNP - Sasfin Holdings Limited - Voluntary preference shareholder update    
SASFIN HOLDINGS LIMITED                                                         
(Incorporated in the Republic Of South Africa)                                  
(Registration Number 1987/002097/06)                                            
("Sasfin")                                                                      
Ordinary share code: SFN & ISIN: ZAE000006565                                   
Preference share code: SFNP & ISIN: ZAE000060273                                
VOLUNTARY PREFERENCE SHAREHOLDER UPDATE                                         
Preference shareholders are referred to the announcement dated 23 March 2007    
wherein the proposed amendments to the Income Tax Act in respect of the         
treatment of dividends on preference shares was highlighted. The amendments     
pertain to the phasing out of secondary tax on companies and the introduction of
witholding tax on all company distributions received by a shareholder, including
dividends received in respect of preference shares.                             
Holders of Sasfin preference shares are advised that the company`s existing MOI 
allows the company to gross up the preference share dividend in accordance with 
the above amendments in tax legislation and that a resolution to give effect to 
the change was passed by the requisite number of shareholders at the AGM of     
Sasfin on 24 November 2011.                                                     
17 February 2012                                                                
Johannesburg                                                                    
Lead Sponsor                                                                    
KPMG Services (Pty) Ltd                                                         
Joint Sponsor                                                                   
Sasfin Capital                                                                  
A division of Sasfin Bank Limited                                               
Date: 17/02/2012 14:03:01 Supplied by www.sharenet.co.za                     
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