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LABAT AFRICA LIMITED - Cautionary Renewal Announcement

Release Date: 02/08/2013 16:59
Code(s): LAB     PDF:  
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Cautionary Renewal Announcement

LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
(“Labat” or “the company”)
ISIN Code: ZAE 000018354 Share code: LAB


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Further to the cautionary announcement and detailed cautionary announcements dated
17 May 2013 and 21 June 2013 respectively, the company remains in negotiations,
subject to a due diligence and conditions precedent, for the acquisition of a number of
licences issued by the Government of Namibia to Palatina, for the right to engage in
the exploration and development of oil and gas in off-shore Namibia as well as an
intended rights offer. Shareholders are accordingly advised to continue to exercise
caution when dealing in the company’s securities until full and further announcements
are made.

Johannesburg
02 August 2013

Sponsor
Arcay Moela Sponsors Proprietary Limited

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