CHEMICAL SPECIALITIES LIMITED - Chemspec Group Restructure Cautionary Renewal Announcement

Chemspec Group Restructure Cautionary Renewal Announcement

Chemical Specialities Limited
Incorporated in the Republic of South Africa
Registration number 2005/039947/06
Share code: CSP 
ISIN: ZAE000109427
("Chemspec" or "the Company")


CHEMSPEC GROUP RESTRUCTURE CAUTIONARY RENEWAL ANNOUNCEMENT

Shareholders are referred to the group restructure and cautionary
announcements released on SENS on 19 November 2014 and 6 January
2015, and are advised that the negotiations are ongoing and that
the proposed Restructuring Plan, if successfully concluded, may
have a material effect on the price of the Company’s securities.

Accordingly, shareholders are advised to continue to exercise
caution when dealing in the Company’s securities until a further
detailed terms announcement is made.

Further to the announcement released on SENS on 12 February 2015,
shareholders are advised that Mr Ivan Arthur James Clark resigned
as both non-executive director and Chairman of the Company with
effect from 12 February 2015.

Durban
17 February 2015

Designated Advisor:
Grindrod Bank Limited

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