BFS - Blue - Delayed results publication

BFS - Blue - Delayed results publication                                        
BLUE FINANCIAL SERVICES LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration Number:  1996/006595/06)                                          
JSE Code:  BFS                                                                  
ISIN:  ZAE000083655                                                             
("Blue" or "the Company" or "the Group")                                        
DELAYED RESULTS PUBLICATION                                                     
Shareholders are hereby advised that the publication of the results for the     
financial year ended 29 February 2012 ("2012 Results") has been delayed, due to 
the finalisation of the second debt to equity conversion as detailed in the     
announcement released by the Company on the Securities Exchange News Service of 
the JSE Limited ("JSE") on  21 May 2012.  A circular to shareholders setting out
further details of this second debt to equity conversion will be posted during  
the course of this week.                                                        
The 2012 Results are expected to be published on or about 18 June 2012 and the  
JSE has been advised that Blue will not meet the required publication date of 31
May 2012.                                                                       
Shareholders are further referred to the trading update released 10 February    
2012 when Blue advised shareholders that the Company expects an improvement in  
the Company`s earnings and headline earnings per share for the financial year   
ending 29 February 2012.                                                        
Further information will be provided together with the publication of the 2012  
Results.                                                                        
30 May 2012                                                                     
Designated Adviser                                                              
Grindrod Bank Limited                                                           
Date: 30/05/2012 10:00:01 Supplied by www.sharenet.co.za                     
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