ATTACQ LIMITED - Notice in terms of section 45(5)(a) of the Companies Act, 71 of 2008

Notice in terms of section 45(5)(a) of the Companies Act, 71 of 2008

ATTACQ LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/000543/06)
JSE share code: ATT    ISIN: ZAE000177218
(“Attacq” or “the Company”)


NOTICE IN TERMS OF SECTION 45(5)(a) OF THE COMPANIES ACT, 71 OF 2008


In terms of Section 45(5)(a) of the Companies Act,71 of 2008 (“the Act”), notice is hereby given that the board of
directors of Attacq, pursuant to a board resolution adopted on 11 March 2015, authorised the Company to provide
financial assistance to certain of its subsidiaries as described below, in terms of section 45 of the Act, pursuant to the
authority granted to the board of directors by shareholders at the annual general meeting of the Company held on
19 January 2015.

The board of directors of the Company, before authorising the Company to provide the financial assistance in terms of
section 45 of the Act, has satisfied itself that:

-   immediately after providing the financial assistance, the Company would satisfy the solvency and liquidity test
    contemplated in section 4 of the Act;
-   there has been due compliance with the requirements of the Company’s memorandum of incorporation and with
    the Act, and
-   the terms upon which the financial assistance is to be given are fair and reasonable to the Company.

The provision of financial assistance arose as a result of Attacq’s commitment to bind itself to and in favour of Standard
Bank of South Africa Limited, Absa Bank Limited and Nedbank Limited, as guarantor for the due and punctual
performance by Attacq Retail Fund Proprietary Limited and Lynnwood Bridge Office Park Proprietary Limited for the
refinancing of the following properties:

-   Glenfair Boulevard;
-   Lynnwood Bridge Offices, Lynnwood Bridge Retail, Lynnwood Bridge City Lodge and Lynnwood Bridge Offices
    – Phase 3;
-   Garden Route Mall;
-   Mooirivier Mall;
-   Eikestad Mall;
-   Andringa Walk;
-   Mill Square; and
-   Brooklyn Mall,

which properties will be provided as security for the facility. The Attacq guarantee is limited to an amount of
R3 252 000 000 (three billion two hundred and fifty two million Rand), plus interest and costs.


25 March 2015


Sponsor
Java Capital

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