GDN - Gooderson Leisure Corporation Limited - Withdrawal of cautionary

GDN - Gooderson Leisure Corporation Limited - Withdrawal of cautionary          
announcement in respect of the sale of the Beach Hotel                          
GOODERSON LEISURE CORPORATION LIMITED                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1972/004241/06)                                            
JSE Share code: GDN   ISIN: ZAE000084984                                        
("Gooderson" or the Company)                                                    
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT IN RESPECT OF THE SALE OF THE BEACH       
HOTEL                                                                           
Shareholders are referred to the cautionary announcements dated 22 March        
2012 and 28 March 2012 regarding the sale of the Beach Hotel and are advised    
that a legal agreement has been signed between the parties. Caution is no       
longer required to be exercised by shareholders when dealing in Gooderson`s     
securities.                                                                     
However the cautionary announcement dated 26 April 2012 relating to             
acquisition of Monks Cowl is still applicable.                                  
15 May 2012                                                                     
Durban                                                                          
Designated Adviser                                                              
Exchange Sponsors                                                               
Date: 15/05/2012 12:58:01 Supplied by www.sharenet.co.za                     
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