Letshego Holdings Limited - Trading Announcement Year End Results and Announcement of acquisition of the remaining shares in Micro Africa Ltd

Trading Announcement – Year End Results and Announcement of acquisition of the remaining shares in Micro Africa Ltd

Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)

This announcement is being released on the Johannesburg Stock Exchange
for information purposes only in respect of Letshego Holdings
Limited’s Note Programme

TRADING ANNOUNCEMENT – Year End Financial Results and Announcement of
acquisition of the remaining shares in Micro Africa Limited

Letshego Holdings Limited is a leading provider of unsecured consumer
loans and other financial services, is listed on the Botswana Stock
Exchange,   is  Botswana  International  Financial   Services  Centre
accredited and has operations in 11 African countries in Southern and
Eastern Africa.

The Board of Directors of the Company would like to provide an update
to Shareholders that the profit before tax for the financial year
ended 31 January 2013 is expected to be 18% higher than the prior
financial year.    Profit after tax is expected to increase by 14%.

The Board of Directors would also like to inform Shareholders that
during February 2013 the Company acquired the remaining 37.48% of
Micro Africa Limited for a cash consideration of USD 1,978,318 making
Micro Africa Limited a 100% subsidiary of Letshego Holdings Limited.

In line with Botswana Stock Exchange listing requirements, the Company
will publish the final audited financial results for the year ended 31
January 2013 once the external audit is finalized and all internal
governance processes are completed.    This is expected to be on or
around 19 April 2013.

Gaborone
28 March 2013

Debt sponsor in South Africa
Rencap Securities (Pty) Ltd

Sponsoring broker in Botswana
Stockbrokers Botswana Limited

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