AMA - Amalgamated Appliance Holdings Limited - Finalisation announcement

AMA - Amalgamated Appliance Holdings Limited - Finalisation announcement        
Amalgamated Appliance Holdings Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/004130/06)                                            
Share code: AMA & ISIN: ZAE000012647                                            
("AMAP" or "the Group")                                                         
FINALISATION ANNOUNCEMENT                                                       
Shareholders are referred to the announcements dated 13 June 2011 and 19 July   
2011 regarding the acquisition by AMAP`s wholly owned subsidiary, Tedelex       
Trading (Proprietary) Limited ("Tedelex" or "the Purchaser") entering into a    
sale of business agreement ("the Sale Agreement") with Sammeg Satellite         
(Proprietary) Limited ("Sammeg"), Samsat (Cape) (Proprietary) Limited ("Samsat  
(Cape)"), Samsat (KZN) (Proprietary) Limited (Samsat (KZN) (collectively, "the  
Sellers"), Sean Claude Meadows, Joel Kevan Dorfan and Michael Roy Weinberg to   
acquire the business of each of the Sellers as going concerns ("the             
acquisition").                                                                  
Shareholders are hereby advised that the acquisition agreement is now           
unconditional and the effective date of the acquisition is 29 February 2012.    
Johannesburg                                                                    
28 February 2012                                                                
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 28/02/2012 16:39:01 Supplied by www.sharenet.co.za                     
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