BDM - Buildmax - Renewal of Cautionary Announcement

BDM - Buildmax - Renewal of Cautionary Announcement                             
BUILDMAX LIMITED                                                                
Incorporated in the Republic of South Africa                                    
(Registration No. 1995/012209/06)                                               
Share Code: BDM                                                                 
ISIN Code: ZAE000011250                                                         
("Buildmax" or "the Group")                                                     
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Further to the cautionary announcement dated 2 February 2012, in which Buildmax 
shareholders were advised of the disposal of a wholly-owned subsidiary, Columbia
DBL(Proprietary) Limited ("the Proposed Disposal"), shareholders are advised    
that in terms of paragraph 10.7 of the JSE Limited Listings Requirements,       
Buildmax appointed QuestCo (Pty) Limited as the independent professional expert 
to confirm that the terms of the Proposed Disposal are fair as far as the       
Buildmax shareholders are concerned ("the Fairness Opinion"). The Fairness      
Opinion pertaining to the Proposed Disposal is being finalised and will be      
announced shortly. Buildmax shareholders are therefore advised to continue      
exercising caution when dealing in the Group`s securities until the Fairness    
Opinion is announced in due course.                                             
15 March 2012                                                                   
Sponsor                                                                         
QuestCo (Pty) Limited                                                           
Date: 15/03/2012 16:59:37 Supplied by www.sharenet.co.za                     
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