Sharenet Sites 
Sharenet Sites
PZG - Pamodzi - Update on group funding Pamodzi Gold Limited (Incorporated in the Republic of South Africa) (Registration number 2002/013039/06) Share code: PZG ISIN: ZAE000088563 ("Pamodzi") UPDATE ON GROUP FUNDING Further to the previous SENS announcement dated 31 July 2009, the Board of Directors of Pamodzi are pleased to announce that they have today received a signed letter of commitment from a potential investor in the amount of R626 million which is to be invested in the Pamodzi group by way of debt and equity. This substantial offer is backed up by sufficient proof of funds. The objective of this proposed investment is to provide a group solution to the funding challenges being experienced by the Pamodzi group with the overall objective of saving as many jobs as possible by bringing some or all of the group companies which are currently in provisional liquidation, out of provisional liquidation. This investment is subject to the conclusion of a satisfactory due diligence process which is anticipated to be completed in the near term. Shareholders will be further informed as events transpire. 18 August 2009 Bruma Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 18/08/2009 15:18:08 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.
