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Update on the acquisition by Tsogo Sun of a minority interest in each of SunWest International and Worcester Casino
Tsogo Sun Holdings Limited
Incorporated in South Africa
(Registration number 1989/002108/06)
Share code: TSH
ISIN: ZAE000156238
("Tsogo Sun")
Update on acquisition by Tsogo Sun Holdings Limited of a minority interest in each of SunWest
International Proprietary Limited and Worcester Casino Proprietary Limited (“the Transaction”)
Further to the various announcements released on the Stock Exchange News Service by Tsogo Sun
Holdings Limited, Sun International Limited and Grand Parade Investments Limited (“the Parties”) during
May 2014 with regard to the Transaction, the Parties hereby advise that the Competition Commission
has recommended to the Competition Tribunal (“the Tribunal”) that the Transaction be prohibited in
terms of section 14A(1)(b)(iii) of the Competition Act, No. 89 of 1998, as amended.
The approval of the Tribunal is a condition precedent to the Transaction.
The Parties do not agree with the recommendation made by the Competition Commission and intend to
oppose such recommendation before the Tribunal.
The Parties will keep shareholders apprised of any significant developments herein.
Fourways
29 January 2015
Sponsor
Deutsche Securities (SA) Proprietary Limited
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