SFB                                                                             
SFB - Stefanutti and Bressan Holdings Limited - Competition Commission Approval   
Received for the Acquisition of Stocks Limited ("Stocks")                       
Stefanutti and Bressan Holdings Limited                                           
(Formerly Stefanutti and Bressan Civils (Proprietary) Limited)                    
(Registration number 1996/003767/06)                                            
Share code: SFB and ISIN ZAE000101903                                             
("SandB" or "the Company")                                                        
COMPETITION COMMISSION APPROVAL RECEIVED FOR THE ACQUISITION OF STOCKS LIMITED  
("STOCKS")                                                                      
1.   Introduction                                                               
    Further to the circular dated 16 May 2008, shareholders are advised that    
the proposed transaction by SandB to acquire the entire issued share capital  
    of Stocks, was approved without any conditions, by the Competition          
    Commission.                                                                 
2.   Outstanding conditions precedent                                           
The transaction is still subject to the Zener Steward Electromechanical     
    Joint Venture being converted into or transferred to a Limited Liability    
    Company established under the United Arab Emirates Commercial Companies Law 
    No 8 of 1984 or an alternative structure being implemented which achieves   
the same financial and economic effect.                                     
Johannesburg                                                                    
2 July 2008                                                                     
Sponsor and transaction advisor to SandB:                                         
Bridge Capital Advisors (Proprietary) Limited                                   
Date: 02/07/2008 09:52:01 
Supplied by www.sharenet.co.za
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.