LBH - Liberty Holdings Limited - Notice to shareholders in respect of Section

LBH - Liberty Holdings Limited  - Notice to shareholders in respect of Section  
45 of the Companies Act No 71 of 2008 ("ACT")                                   
LIBERTY HOLDINGS LIMITED                                                        
Incorporated in the Republic of South Africa                                    
Registration number 1968/002095/06                                              
("Liberty" or the "Company")                                                    
Alpha Code LBH                                                                  
ISIN code: ZAE000127148                                                         
NOTICE TO SHAREHOLDERS IN RESPECT OF SECTION 45 OF THE COMPANIES ACT NO 71 OF   
2008 ("Act")                                                                    
Shareholders of Liberty are referred to the special resolution tabled and       
approved at the Annual General Meeting held on 18 May 2012, authorising         
directors to provide any financial assistance to any company or corporation     
which is related or inter-related to the Company.                               
In terms of section 45(2) of the Act, the board has authorised the Company to   
provide loan facilities, in the normal course of business, to subsidiaries of   
Liberty, having satisfied itself that the terms of the facilities are fair and  
reasonable and that the Company would satisfy the solvency and liquidity test   
after extending such facilities, in terms of section 4 of the Act.  Shareholders
are advised that the total facility value if utilized will exceed 1/10th of 1%  
of the company`s net worth as at the date of the last board meeting, being 17   
May 2012.                                                                       
Johannesburg                                                                    
26 June 2012                                                                    
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 26/06/2012 17:45:01 Supplied by www.sharenet.co.za                     
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