PBT - PBT Group Limited - Acquisition of Bi-Blue Consulting (Pty) Limited

PBT - PBT Group Limited - Acquisition of Bi-Blue Consulting (Pty) Limited       
("bi-blue") and further renewal of cautionary announcement                      
PBT Group Limited                                                               
Incorporated in the Republic of South Africa                                    
Registration number: 1936/008278/06                                             
Share Code: PBT    ISIN: ZAE000149712                                           
("PBT" or "the Company")                                                        
ACQUISITION OF BI-BLUE CONSULTING (PTY) LIMITED ("BI-BLUE") AND FURTHER         
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
1.   ACQUISITION OF BI-BLUE                                                     
Further to the cautionary announcement published on 16 February 2012,           
shareholders are advised that the Company has entered into an agreement to      
acquire the entire issued share capital of BI-Blue ("the acquisition"). BI-     
Blue is a business intelligence company specialising in SAP Business            
Objects. The acquisition will further contribute to PBT`s solution approach     
to data warehousing and data exploitation.                                      
In terms of the JSE Listings Requirements, the acquisition is below the         
classification of a category 2 transaction.                                     
2.   FURTHER RENEWAL OF CAUTIONARY ANNOUNCEMENT                                 
PBT is continuing negotiations to acquire a company operating in the            
information technology sector, which if successfully concluded may have a       
material effect on the price of the Company`s securities. Accordingly,          
shareholders are advised to continue to exercise caution when dealing in the    
Company`s securities until a further announcement is released.                  
Cape Town                                                                       
5 April 2012                                                                    
Sponsor: Bridge Capital Advisors (Pty) Limited                                  
Date: 05/04/2012 15:03:02 Supplied by www.sharenet.co.za                     
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