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RESULT OF MANDATORY OFFER

Release Date: 03/07/2012 13:01
Code(s): MCU
Wrap Text
Trinity Asset Management (Pty) Limited
Incorporated in the Republic of South Africa
Registration number: 1996/010864/07
(a''Trinitya'')

m Cubed Holdings Limited
Incorporated in the Republic of South Africa
Registration number: 1998/014568/06
Share code: MCU
ISIN: ZAE000033353
("m Cubed" or "the Company")

RESULT OF MANDATORY OFFER


Shareholders are referred to the joint firm intention announcement
published on SENS on 26 April 2012, wherein shareholders were advised that Trinity would make a mandatory offer to all shareholders of m Cubed, save for Trinity (a''Mandatory Offera'') to acquire all m Cubed ordinary shares held by m Cubed shareholders, save for those held by Trinity, in exchange for the Mandatory Offer consideration of 5 (five) cents per share
(a''Mandatory Offer Considerationa''), the full details of which were
contained in the joint mandatory offer circular that was posted to m Cubed shareholders on 16 May 2012 (a''Mandatory Offer Circulara'').
The aforementioned Mandatory Offer closed at 12h00 on Friday, 29 June 2012 and shareholders are hereby advised that in terms of the Mandatory Offer, Trinity received acceptances from m Cubed shareholders holding 255 676 624 m Cubed ordinary shares, constituting approximately 34.56% of the issued ordinary shares in m Cubed.
Prior to the Mandatory Offer, Trinity held, directly and indirectly, 272 290 298 m Cubed ordinary shares, constituting approximately 34.80% of the issued ordinary shares in m Cubed. As a result of the Mandatory Offer, Trinity has increased its shareholding in m Cubed to approximately 71.36% of the issued ordinary shares in m Cubed. Trinity holds all shares in m Cubed non-beneficially on behalf of Trinity clients. Cape Town 3 July 2012
Transaction advisor and sponsor to Trinity & m Cubed: PSG Capital
Date: 03/07/2012 01:01:00 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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