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THE DON GROUP LIMITED - Disposal update and renewal of cautionary annopuncement

Release Date: 22/08/2012 10:45
Code(s): DON     PDF:  
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Disposal update and renewal of cautionary annopuncement

                                    THE DON GROUP LIMITED
                             Incorporated in the Republic of South Africa
                               (Registration number 1946/023123/06)
                             Share code: DON ISIN: ZAE000008462
                                   (“The Don” or “the Company”)


           DISPOSALS UPDATE AND RENEWAL OF CAUTIONARY ANNOUNCEMENT



Shareholders are referred to the announcements released on SENS on 11 July 2012 and
8 August 2012 and using the terms defined therein unless otherwise stated, are advised that the
circular containing full details of the disposals of the Sandton 3 and Sandton 1 Properties, the Beach
Road Property and the Sandton 4 Property and the intended disposal of The Don’s five remaining
hotel properties (“the Disposals”) is being finalised. The circular will be distributed to shareholders in
due course.

In addition, further to the renewal of cautionary announcement dated 11 July 2012, shareholders are
advised that as the finalisation of the pro forma financial effects, as well as negotiations on several of
the remaining five hotel properties, are still in progress, which if successfully concluded may have a
material effect on the price of the Company’s securities, they should continue to exercise caution
when dealing in the Company’s securities until a further announcement is made.


Johannesburg
22 August 2012

Sponsor
Merchantec Capital

Date: 22/08/2012 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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