BFS - Blue - Cautionary announcement

BFS - Blue - Cautionary announcement                                            
BLUE FINANCIAL SERVICES LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration Number:  1996/006595/06)                                          
JSE Code:  BFS                                                                  
ISIN:  ZAE000083655                                                             
("Blue" or "the Company")                                                       
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that pursuant to the Debt Restructuring Agreement      
concluded by Blue in December 2010 and as part of the ongoing restructuring of  
the Company`s balance sheet, the Company has entered into negotiations with     
existing funders regarding a potential debt to equity conversion, which if      
successfully concluded may have a material effect on the price of Blue`s        
securities.                                                                     
Accordingly, shareholders are advised to exercise caution when dealing in the   
Company`s securities until a full announcement is made.                         
Johannesburg                                                                    
9 March 2012                                                                    
Designated Adviser                                                              
Grindrod Bank Limited                                                           
Date: 09/03/2012 16:39:02 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.