SER/SRN - Seardel - Withdrawal of Cautionary Announcement

SER/SRN - Seardel - Withdrawal of Cautionary Announcement                       
SEARDEL INVESTMENT CORPORATION LIMITED                                          
Registration number: 1968/011249/06                                             
(Incorporated in the Republic of South Africa)                                  
JSE share code: SER   ISIN: ZAE000029815                                        
JSE share code: SRN   ISIN: ZAE000030144                                        
("Seardel" or "the company")                                                    
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Following the announcement dated 16 March 2012 relating to the settlement of    
litigation with former directors and officers, shareholders are advised that the
cautionary announcement is now withdrawn. Shareholders are accordingly no longer
required to exercise caution when dealing in their Seardel shares.              
26 March 2012                                                                   
Cape Town                                                                       
Sponsor                                                                         
(Investec Bank                                                                  
Date: 26/03/2012 10:40:01 Supplied by www.sharenet.co.za                     
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