JOHN DANIEL HOLDINGS LIMITED - Section 45 Financial Assistance Announcement

Section 45 Financial Assistance Announcement

JOHN DANIEL HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number: 1998/013215/06
JSE Code: JDH - ISIN: ZAE000136677
("the Company" or "JDH" or "the Group")

SECTION 45 FINANCIAL ASSISTANCE ANNOUNCEMENT



SECTION 45 – FINANCIAL ASSISTANCE
In terms of section 45(5) of the Companies Act, written notice
is to be provided to shareholders containing details of a
resolution passed by the board authorising the provision of
direct or indirect financial assistance to a director or
prescribed officer or a related or inter-related company.

The resolution passed by the    board   of   directors   of   JDH   on
29 August 2012 is as follows:

Resolved that, to the extent required by the Companies Act, the
board of directors of the company may, subject to compliance
with   the   requirements   of  the   company’s   Memorandum  of
Incorporation, the Companies Act, and the Listings Requirements
of the JSE, each as presently constituted and as amended from
time to time, authorise the company to provide direct or
indirect financial assistance by way of loan, guarantee, the
provision of security or otherwise, to any of its present or
future subsidiaries and/or any other company or corporation that
is or becomes related or inter-related to the company, for any
purpose or in connection with any matter, including, but not
limited to, the subscription of any option, or any securities
issued or to be issued by the company or a related or inter-
related company, or for the purchase of any securities of the
company or a related or inter-related company limited to the
maximum of two hundred million rand (R200 million).



Johannesburg
26 September 2012

Sponsor
Arcay Moela Sponsor (Proprietary) Limited

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