CNL - Control Instruments Group Limited - Cautionary announcement

CNL - Control Instruments Group Limited - Cautionary announcement               
CONTROL INSTRUMENTS GROUP LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1964/003987/06)                                           
Share Code: CNL                                                                 
ISIN: ZAE000001665                                                              
("Control Instruments" or "the Group")                                          
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Control Instruments has entered into              
discussions with a complementary unlisted business regarding the possible       
sale of its OEM subsidiary, Pi Shurlok (Pty) Limited, which if successfully     
concluded may have a material effect on the price of the Company`s              
securities.                                                                     
The Group`s stated strategy is to reposition the Group as a predominantly       
automotive aftermarket business and, if successful, this transaction will       
allow the Group to further reduce its dependence on its OEM business.           
Shareholders of Control Instruments are accordingly advised to exercise         
caution when dealing in their Control Instruments shares until a further        
announcement is made.                                                           
Johannesburg                                                                    
15 June 2012                                                                    
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 15/06/2012 10:58:01 Supplied by www.sharenet.co.za                     
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