SHERBOURNE CAPITAL LIMITED - Update on Mandatory Offer

Update on Mandatory Offer

Sherbourne Capital Limited
(Previously trading as IFCA Technologies Limited)
Incorporated in the Republic of South Africa
(Registration number 2006/030759/06)
Share code: SHB
ISIN: ZAE000165403
("Sherbourne" or “the Company”)


UPDATE ON MANDATORY OFFER


Shareholders are referred to the SENS announcement on 29 April 2011 and all subsequent
announcements relating to the mandatory offer to minority shareholders made by Decaweb (Pty)
Limited as a result of their shareholding surpassing 35% in Sherbourne (“the Mandatory Offer”)

The company wishes to advise the minority shareholders that payment is intended to be made in
respect of the Mandatory Offer on or about Thursday 8th August 2013.


Sandton

25 July 2013

Designated Adviser: Bridge Capital Advisors (Pty) Limited

Date: 25/07/2013 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.