MOB - Mobile Industries Limited - Disclosure of significant disposal and

MOB - Mobile Industries Limited - Disclosure of significant disposal and        
acquisition of Mobile ordinary shares                                           
MOBILE INDUSTRIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1968/014997/06)                                           
Share code: MOB                                                                 
ISIN: ZAE000091435                                                              
("Mobile" or "the company")                                                     
DISCLOSURE OF SIGNIFICANT DISPOSAL AND ACQUISITION OF MOBILE ORDINARY SHARES    
In accordance with the JSE Limited Listings Requirements and Section 122(1) of  
the Companies Act 2008, shareholders are advised of the following:              
Mobile has received formal notification that Coronation Asset Management (Pty)  
Ltd has disposed of its entire 24.29% holding in the ordinary issued shares of  
the company.                                                                    
Simultaneously, Mobile has also received formal notification that Commlife      
Holdings (Pty) Ltd`s nominee, Robatsi Genesis Investments 24 (Pty) Ltd, has     
acquired 24.29% of the ordinary issued shares of the company.                   
Cape Town                                                                       
17 April 2012                                                                   
Merchant bank and sponsor                                                       
RAND MERCHANT BANK (a division of FirstRand Bank Limited)                       
Date: 17/04/2012 16:41:09 Supplied by www.sharenet.co.za                     
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