ERB - Erbacon Investment Holdings Limited - Update Announcement - increase in

ERB - Erbacon Investment Holdings Limited - Update Announcement - increase in   
authorized share capital                                                        
Erbacon Investment Holdings Limited                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2007/014490/06)                                           
Share code: ERB                                                                 
ISIN:  ZAE000111571                                                             
("Erbacon" or "the Company")                                                    
UPDATE ANNOUNCEMENT                                                             
Shareholders are referred to the Debt Restructure Plan announced on SENS on     
27 March 2012, with specific reference to paragraph 1.4.3 and are hereby        
advised that the authorised share capital of Erbacon will increase from         
500 million ordinary shares to 1.5 billion ordinary shares.                     
28 March 2012                                                                   
Midrand                                                                         
Designated and Corporate adviser                                                
PSG Capital                                                                     
Date: 28/03/2012 08:25:44 Supplied by www.sharenet.co.za                     
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