IFC - IFCA Technologies Limited - Results Of Mandatory Offer

IFC - IFCA Technologies Limited - Results Of Mandatory Offer                    
IFCA TECHNOLOGIES LIMITED                                                       
Incorporated in the Republic of South Africa                                    
(Registration number 2006/030759/06)                                            
Share code: IFC     ISIN: ZAE000088555                                          
("IFCA" or "the Company")                                                       
RESULTS OF MANDATORY OFFER                                                      
Shareholders are referred to the `Posting of Circular and Important Dates and   
Times` announcement released on SENS on 23 March 2012 and to the circular dated 
23 March 2012 regarding, inter alia, the mandatory offer ("the Circular"), and  
are advised that the mandatory offer, which closed at 12:00 on Friday, 18 May   
2012, was accepted in respect of 172 399 365 IFCA shares, comprising 34.7% of   
the total number of shares in IFCA`s share capital.                             
Accordingly, and as a result of the mandatory offer, Decaweb together with the  
current consortium as defined in the Circular, holds 400 987 434 IFCA shares,   
being a 80.7% shareholding in the Company.                                      
Johannesburg                                                                    
21 May 2012                                                                     
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 22/05/2012 07:05:09 Supplied by www.sharenet.co.za                     
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