AFRICAN BANK INVESTMENTS LIMITED - Cautionary announcement - extension of offer period

Cautionary announcement - extension of offer period

AFRICAN BANK INVESTMENTS LIMITED (In business rescue)
(Incorporated in the Republic of South Africa)
(Registration number 1946/021193/06)
(Ordinary share code: ABL) (ISIN: ZAE000030060)
(Preference share code: ABLP) (ISIN: ZAE000065215)
("ABIL" or "the Company")

CAUTIONARY ANNOUNCEMENT: EXTENSION OF OFFER PERIOD FOR THE SALE OF THE ENTIRE ISSUED EQUITY HELD
IN THE STANDARD GENERAL INSURANCE COMPANY LIMITED ("STANGEN")

Stakeholders are referred to the Stock Exchange News Service ("SENS") announcement released by the Company on
30 June 2015 wherein it stated that the Company had received an offer from Absa Bank Limited, Capitec Bank Limited,
FirstRand Bank Limited, Nedbank Limited, Investec Bank Limited, The Standard Bank of South Africa Limited and the
Public Investment Corporation (SOC) Limited (who together hereinafter are referred to as "the Consortium") for the
sale of the equity interest held by the Company in Stangen ("the Offer") which is open for acceptance by the joint
business rescue practitioners ("BRPs") until 6 July 2015.

The Consortium has subsequently extended the date of acceptance of the Offer by the BRPs until 13 July 2015.

Further announcements in this regard will be made once the BRPs and the ABIL board of directors have completed
their assessments and engagements with the Consortium.

By order of Messrs Dawie van der Merwe and John Evans as joint business rescue practitioners and the board.

Midrand
6 July 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 06/07/2015 09:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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