BK1P - BK One Limited - Disclosure of quarterly portfolio as at 29 February 2012

BK1P - BK One Limited - Disclosure of quarterly portfolio as at 29 February 2012
BK ONE LIMITED                                                                  
(Incorporated in the republic of South Africa)                                  
(Registration number 2011/008103/06)                                            
Preference share code: BK1P                                                     
ISIN: ZAE000161352                                                              
("BK" or "the Company")                                                         
DISCLOSURE OF QUARTERLY PORTFOLIO AS AT 29 FEBRUARY 2012                        
Shareholders are advised that the portfolio of BKOne as at 29 February 2012 is  
as follows:                                                                     
Investment        Investments at  Fair value as   Percentage of                 
carrying Value  at 29/2/2012    Portfolio                      

                                                                                
Avalloy  (Pty)    R63.8m          R70.4m          30.5%                         
Limited                                                                         
Pure Ocean        R63.9m          R86.3m          37.3%                         
Aquaculture (Pty)                                                               
Limited                                                                         
Tor Holdings      R35.0m          R40.7m          17.6%                         
(Pty) Limited                                                                   
Cash & cash       R33.8m          R33.8m          14.6%                         
equivalents                                                                     
Total             R196.5m         R231.2m         100%                          
The Net Asset Value of the BK1P Preference Share was 1150 cents per share as at 
29 February 2012. These independent valuations have been performed by BDO       
Corporate Finance. Detailed Quarterly report will be available on BKOne`s       
website ( www.bkone.co.za ).                                                    
D. Richards                                                                     
Executive Director                                                              
Cape Town                                                                       
19 April 2012                                                                   
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 19/04/2012 15:17:01 Supplied by www.sharenet.co.za                     
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