AFRICAN BANK INVESTMENTS LIMITED - Notice to all Affected Parties (as defined in s128(1)(a) of the Companies Act, 71 of 2008 (the Companies Act"))

Notice to all Affected Parties (as defined in s128(1)(a) of the Companies Act, 71 of 2008 (“the Companies Act"))


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”)


NOTICE TO ALL AFFECTED PARTIES (AS DEFINED IN SECTION 128(1)(A) OF THE
COMPANIES ACT, 71 OF 2008 (“THE COMPANIES ACT”))


Shareholders are advised that the following notice to affected parties of the Company (as defined in section
128(1)(a) of the Companies Act), is being distributed via email and post to them:


“1.     You are reflected as an affected party of ABIL.

 2.     ABIL intends in due course publishing a business rescue plan for consideration and possible adoption
        at a meeting to be held in terms of Section 151 of the Companies Act.

 3.     In terms of Section 150(1) of the Companies Act we, in our capacity as the business rescue
        practitioners of ABIL, wish to consult with you before preparing the business rescue plan.

 4.     The purpose of this notification is to invite you to attend a meeting to consult with you as provided for
        in Section 150(1) whereafter we will proceed to prepare the business rescue plan.

 5.     The consultation will be held on the 9th day of February 2016 at 11h00 at Mosaiek Lifestyle Church,
        1 Danielle Street, Fairlands, Johannesburg, Gauteng, South Africa.

 6.     If you intend attending this meeting to consult with us would you notify us of this fact per reply mail /
        email.

 7.     All affected persons can also make written suggestions in respect of the consultation to the business
        rescue practitioners via email to businessrescuejhb@corprecover.co.za.”


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


Midrand
26 January 2016


Sponsor
Merchantec Capital

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