COMPLETION OF DISPOSAL

Blackstar Group SE
Previously Blackstar Group PLC
(Incorporated in England and Wales)
(Company number SE 30)

(registered as an external company with limited liability in the Republic of
South Africa under registration number 2011/008274/10)
Share code: BLCK LN and BCK SJ
ISIN: MT0000620105
(a''Blackstara'' or the a''Companya'')

COMPLETION OF DISPOSAL


The Board of Blackstar is pleased to announce that it has completed

the disposal of 50% of its interest in Litha Healthcare Group

Limited, which was previously announced on 21 February 2012. The

disposal proceeds have been applied against the Investec Bank

Limited debt facility that was taken out in January 2012. Blackstar

now holds 72 989 078 shares which represents 13.42% of the voting
rights in Litha.

3 July 2012

For further information, please contact:

Blackstar Group SE            Nadine Cachia         +356 2248 6203

Liberum Capital Limited      Chris Bowman /   +44 (0) 20 3100 2222
                                Christopher
                                    Britton

PSG Capital (Pty) Limited      David Tosi /     +27(0) 21 887 9602
                                     Willie
                                  Honeyball

Date: 03/07/2012 02:00:00 Supplied by www.sharenet.co.za                     
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