ESR - Esorfranki Limited - Further cautionary announcement

ESR - Esorfranki Limited - Further cautionary announcement                      
ESORFRANKI LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/000732/06)                                           
JSE code: ESR                                                                   
ISIN: ZAE000133369                                                              
("the company")                                                                 
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
A further cautionary announcement relating to negotiations in respect of the    
acquisition of a business, which has the development rights, as the "turnkey    
developer/contractor", for an integrated mixed-use, affordable housing          
development, was published on 17 January 2012.                                  
Shareholders are advised to continue exercising caution when dealing in the     
company`s securities until a further announcement in regard to the above is     
made.                                                                           
Sandton                                                                         
28 February 2012                                                                
Sponsor                                                                         
Vunani Corporate Finance                                                        
Date: 28/02/2012 08:00:02 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.