TSH - Tsogo Sun Holdings Limited - Fulfilment of conditions precedent relating

TSH - Tsogo Sun Holdings Limited - Fulfilment of conditions precedent relating  
to the acquisition of an additional effective interest in Hotel Formula 1 (PTY) 
LTD and related property companies                                              
Tsogo Sun Holdings Limited                                                      
Incorporated in the Republic of South Africa                                    
(Registration number 1989/002108/06)                                            
Share code: TSH                                                                 
ISIN: ZAE000156238                                                              
("Tsogo Sun" or "the Company" or "the Tsogo Sun Group")                         
FULFILMENT OF CONDITIONS PRECEDENT RELATING TO THE ACQUISITION OF AN ADDITIONAL 
EFFECTIVE INTEREST IN HOTEL FORMULA 1 (PTY) LTD AND RELATED PROPERTY COMPANIES  
("HOTEL FORMULA 1")                                                             
Tsogo Sun shareholders are referred to the announcement published by Tsogo Sun  
on the Securities Exchange News Service of the JSE Limited on 8 December 2011   
detailing the terms of the agreement between Southern Sun Hotels (Pty) Ltd      
("Southern Sun"), a wholly-owned subsidiary of Tsogo Sun, and Accor Group       
("Accor") whereby Southern Sun acquired an additional 52,6% interest in Hotel   
Formula 1 ("the Transaction"), bringing the Tsogo Sun Group`s effective         
shareholding in Hotel Formula 1 to 100%.                                        
Shareholders are advised that all conditions precedent to the Transaction have  
been fulfilled and the Transaction has become unconditional with effect from 29 
March 2012.                                                                     
Fourways                                                                        
29 March 2012                                                                   
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 29/03/2012 12:50:02 Supplied by www.sharenet.co.za                     
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