STA - Stratcorp Limited - Board resolution on financial assistance

STA - Stratcorp Limited - Board resolution on financial assistance              
STRATCORP LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2000/031842/06)                                           
JSE code: STA                                                                   
ISIN: ZAE000034294                                                              
("StratCorp" or "Group" or "Company")                                           
BOARD RESOLUTION ON FINANCIAL ASSISTANCE                                        
Shareholders are advised that in terms of section 45(5) of the Companies Act    
71 of 2008 ("the Act") the board of directors of StratCorp Limited has          
resolved to authorise the Company to provide financial assistance to related    
and inter-related companies within the StratCorp Group. The relevant section    
of the resolution, which was passed on 14 February 2012, read as follows:       
The Company hereby provides unlimited cession of its loan account  for the      
obligations of I-Cura (Pty) Limited in favour of Absa Bank Limited, as          
indicated in terms of section 45 of the Companies Act; and                      
the Company will provide any financial assistance to all related and inter-     
related companies within the StratCorp Group of companies at such times and     
on such terms and conditions as the directors in their sole discretion deem     
fit, the particulars of which will be reported in the Company`s Interim and     
Annual Financial Statements which are published from time to time.              
24 February 2012                                                                
Centurion                                                                       
Designated Adviser:                                                             
Vunani Corporate Finance                                                        
Date: 24/02/2012 10:01:01 Supplied by www.sharenet.co.za                     
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