VISUAL INTERNATIONAL HOLDINGS LIMITED - Cautionary Announcement - Memorandum of Understanding in terms of a development agreement for Reebokfontein Village

Cautionary Announcement - Memorandum of Understanding in terms of a development agreement for Reebokfontein Village

VISUAL INTERNATIONAL HOLDINGS LIMITED
(Formerly Presto Financing Proprietary Limited)
(Registration number 2006/030975/06)
(“the Company” or “Visual”)
ISIN Code: ZAE000187407          Share code: VIS


CAUTIONARY ANNOUNCEMENT - MEMORANDUM OF UNDERSTANDING IN
TERMS OF A DEVELOPMENT AGREEMENT FOR REEBOKFONTEIN VILLAGE


Shareholders are referred to the detailed cautionary announcement dated
31 October 2014 in relation to the Memorandum of Understanding in terms of a
development agreement for Reebokfontein Village.

The formal development agreement needs to be finalised and accordingly
shareholders are advised to continue to exercise caution in dealing in their shares
until full announcement in respect of the transaction is made.


By order of the board.

Johannesburg
3 November 2014

Sponsor
Arbor Capital Sponsors Proprietary Limited

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