SEP - Sephaku Holdings - Change in Roles of Directors and Voluntary Announcement

SEP - Sephaku Holdings - Change in Roles of Directors and Voluntary Announcement
regarding the Sephaku Fluoride Limited Distribution                             
Sephaku Holdings Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2005/003306/06)                                           
Share code: SEP                                                                 
ISIN: ZAE000138459                                                              
("Sephaku Holdings" or "the Company")                                           
CHANGE IN ROLES OF DIRECTORS AND VOLUNTARY ANNOUNCEMENT REGARDING THE SEPHAKU   
FLUORIDE LIMITED DISTRIBUTION                                                   
1. Change in roles of directors                                                 
In compliance with section 3.59(a) of the JSE Limited Listings Requirements,    
shareholders of the Company are hereby advised of the following changes in      
directors` roles:                                                               
* Dr Lelau Mohuba, who has to date served as Chairman, has now been appointed as
Chief Executive Officer of the Company; and                                     
* Mr Neil Crafford-Lazarus, who has to date served as Chief Executive Officer,  
has now been appointed as Financial Director of the Company.                    
These changes will be effective from 31 March 2012.                             
2. Voluntary announcement regarding the Sephaku Fluoride Limited ("Sephaku      
Fluoride") distribution                                                         
Further to the announcements released on SENS on 7 March 2012 and 14 March 2012,
shareholders are advised that those shareholders who are entitled to participate
in the Sephaku Fluoride distribution ("qualifying shareholders") will have their
accounts with Central Securities Depository Participants and brokers in South   
Africa credited with the unlisted (ZAU000012387) Sephaku Fluoride shares on or  
about today, 26 March 2012.                                                     
Dematerialised shareholders may settle any transaction in Sephaku Fluoride      
shares through Strate Limited`s settlement system on an off-market basis.  All  
settlements will be in South African Rands and the same custody and settlement  
rules and procedures that are currently in place for the listed environment will
apply to the unlisted environment.                                              
Where qualifying shareholders have not dematerialised their Sephaku Holdings`   
share certificates, new Sephaku Fluoride share certificates will be posted to   
those qualifying shareholders on the same day.                                  
26 March 2012                                                                   
Centurion                                                                       
Sponsor to Sephaku Holdings                                                     
QuestCo (Proprietary) Limited                                                   
Date: 26/03/2012 15:14:01 Supplied by www.sharenet.co.za                     
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