TOTAL CLIENT SERVICES LIMITED - Business Rescue Application

Business Rescue Application

Total Client Services Limited
Incorporated in the Republic of South Africa
(Registration number 1998/025018/06)
Share code: TCS ISIN: ZAE000116208
(“TCS” or “the Company”)


BUSINESS RESCUE APPLICATION




Further to the business rescue application and renewal of cautionary announcement dated 22 November
2013, shareholders are advised that the business rescue resolutions were filed with the Companies and
Intellectual Property Commission (“CIPC”) on Thursday, 28 November 2013. The filing date is therefore
the effective date of commencement of the business rescue proceedings as contemplated in terms of
Section 132(1)(a)(i) of the Companies Act, (Act 71 of 2008) as amended (“Companies Act). A letter
dated, 3 December 2013 confirming the above was sent to shareholders in terms of Section 129(3) of
the Companies Act.

Shareholders are further advised that a letter dated 9 December 2013, was sent to shareholders
confirming the appointment of Mr Piers Marsden as the Company’s business rescue practitioner in
accordance with Sections 129(4)(a) and 129(4)(b) of the Companies Act.



Sandton
20 December 2013

Designated Adviser
Merchantec Capital

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