ATTACQ LIMITED - Notification in terms of Section 45(5) of the Companies Act 71 of 2008

Notification in terms of Section 45(5) 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”)


NOTIFICATION IN TERMS OF SECTION 45(5) OF THE COMPANIES ACT 71 OF 2008


Notice is hereby given that, in terms of the provisions of section 45(5)(a) of the Companies Act 71 of 2008 (“the
Act”) and pursuant to the special resolution passed at the annual general meeting of the company held on 19 January
2015 authorising the board of directors (“the board”) to provide direct and indirect financial assistance to current and
future subsidiaries and to current and future associated companies of the company, the board adopted a resolution on
20 October 2015 to provide financial assistance in terms of section 45 of the Act on the following basis:

      -   Attacq has granted financial assistance by way of a loan to Attacq Waterfall Investment Company (Pty) Ltd
          (“AWIC”), a wholly-owned subsidiary of Attacq, to a cumulative amount of R1 886 825 887.00, which
          loan will be subordinated for a period of at least 12 months.

In accordance with section 45(3)(b) of the Act, the board advises that it is satisfied and acknowledges, in respect of the
financial assistance to AWIC, that:

    (i) immediately after providing such financial assistance, Attacq would have satisfied the solvency and liquidity
        test as provided for in section 4 of the Act; and

    (ii) the terms under which such financial assistance has been given are fair and reasonable to Attacq.


6 November 2015


Sponsor
Java Capital

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