AFRICAN DAWN CAPITAL LIMITED - Withdrawal Of Cautionary Announcement

Withdrawal Of Cautionary Announcement

AFRICAN DAWN CAPITAL LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1998/020520/06)
Share code: ADW
ISIN Code: ZAE000060703
(“Afdawn” or “the Company”)

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement
dated 4 December 2014 and renewed on 12 January 2015.
They are hereby advised that Knife Capital (Pty) Ltd., a
wholly-owned subsidiary of Afdawn, via its Business
Accelerator Programme: Grindstone, concluded negotiations
with a participant company iKubu (Pty) Ltd. Grindstone
facilitated an exit transaction for a material advisory
fee in which Garmin Ltd. (NASDAQ: GRMN) acquired all the
assets of iKubu for an undisclosed purchase
consideration. Accordingly, caution is no longer required
to be exercised by shareholders when dealing in their
securities.

14 January 2015
Johannesburg

Designated Advisor
PSG Capital

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