SUN INTERNATIONAL LIMITED - Acquisition by Sun International of the Peermont Group

Acquisition by Sun International of the Peermont Group

SUN INTERNATIONAL LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/007528/06)
Share code: SUI
ISIN: ZAE000097580
(“Sun International”)

ACQUISITION BY SUN INTERNATIONAL OF THE PEERMONT GROUP

Shareholders are referred to recent Stock Exchange News Service announcements regarding the
acquisition by Sun International (South Africa) Limited of The Peermont Group ("the Proposed Transaction")
and specifically to the announcement on 10 December whereby it was advised that the Competition
Commission("the Commission") had recommended to the Competition Tribunal ("Tribunal") that the
Proposed Transaction be prohibited in terms of section 14A (1)(b)(iii) of the Competition Act, No. 89 of 1998,
as amended. The dates for the hearing have been provisionally agreed by the Commission and merging
parties (subject to confirmation by the Tribunal). It is anticipated that the hearing before the Tribunal will
run on selected dates during June 2016, commencing on 6 June 2016 with an anticipated completion date
of 30 June 2016.

The approval of the Tribunal is a condition precedent to the Proposed Transaction which must be fulfilled
by 31 March 2016 ("Long Stop Date"). Given the timing of the Tribunal hearings it is impossible for the
condition precedent to be met by the Long Stop Date. Any extension to the Long Stop Date or any other
substantive amendment to the terms of the Proposed Transaction will be conditional on Sun International
shareholder approval.

Sun International will keep shareholders apprised of any significant developments.

Sandton
15 December 2015

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

Date: 15/12/2015 08:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.