BARLOWORLD LIMITED - Barloworld Logistics acquires a controlling Stake in Manline

Barloworld Logistics acquires a controlling Stake in Manline

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Income Tax Registration number 9000/051/71/5)
(Share code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Bond issuer code: BIBAW)
("Barloworld” or “the Company")




BARLOWORLD LOGISTICS ACQUIRES A CONTROLLING STAKE IN MANLINE

Barloworld Logistics has successfully concluded a transaction which results in the
merger of its Dedicated Transport Services division (DTS) with Manline, a
diversified logistics provider specialising in transport and other logistics
solutions.

The merged business will become Barloworld Transport Solutions, a 50.1% held
subsidiary of Barloworld Logistics. The transaction involved the disposal of DTS
together with a R40 million cash contribution, in exchange for shares in Manline.

Martin Laubscher, CEO of Barloworld Automotive and Logistics commented: ”This
transaction is an exciting development which provides Barloworld Logistics with an
expanded platform for growing the transport business across Southern Africa. It
forms an important part of our overall strategy to build a leading integrated
logistics business.”

The transaction is below the JSE transaction thresholds and this announcement is
for information purposes only.




Sandton

01 February 2013
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited

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