GIJIMA GROUP LIMITED - Cautionary announcement relating to the potential disposal of the MineRP business

Cautionary announcement relating to the potential disposal of the MineRP business

Gijima Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/021790/06)
ISIN: ZAE000147443
Share code: GIJ
("Gijima" or “the Company”)


Cautionary announcement relating to the potential disposal of the MineRP business



Further to the cautionary announcements published on the Securities Exchange News Service of the
JSE Limited on 25 April 2012, 8 June 2012, 19 July 2012 and 30 August 2012, Gijima shareholders
("Shareholders") are advised that the Gijima Board of directors (“Board”) is in the process of finalising
the terms of agreements relating to the potential disposal of the Company’s mining technology and
consulting businesses (“MineRP”), to a consortium led by RMB Corvest (Pty) Limited, a subsidiary of
RMB Private Equity (Pty) Limited. MineRP would be housed in a newly incorporated entity, Oakleaf
Investment Holdings 89 (Pty) Limited. The agreements will be subject to conditions precedent,
including the approval of the Competition Authorities.

The Board has identified MineRP as non-core and, as MineRP requires considerable investment to
maintain its competitive position, has resolved to dispose thereof in order to preserve MineRP’s value
and realise maximum value for Shareholders.

Accordingly, Shareholders are advised to continue exercising caution when dealing in Gijima shares
until a further announcement in this regard is made.



Centurion

5 September 2012

Corporate adviser and sponsor to Gijima

Rand Merchant Bank Limited (a division of FirstRand Bank Limited)

Transaction sponsor

KPMG

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