EFG - Efficient Group Limited - Results of annual general meeting and general

EFG - Efficient Group Limited - Results of annual general meeting and general   
meeting                                                                         
EFFICIENT GROUP LIMITED                                                         
Incorporated in the Republic of South Africa                                    
(Registration number: 2006/036947/06)                                           
Share code: EFG                                                                 
ISIN: ZAE000151841                                                              
("Efficient" or "the company")                                                  
RESULTS OF ANNUAL GENERAL MEETING AND GENERAL MEETING                           
At the annual general meeting of shareholders of the company held on Monday,    
23 January 2012 (in terms of the notice of annual general meeting contained     
in the company`s annual report issued on 30 November 2011), all of the          
ordinary and special resolutions set out in the notice of annual general        
meeting were passed by the requisite majority of Efficient shareholders         
present or represented by proxy at the annual general meeting.                  
At the general meeting of shareholders of the company held on Monday, 23        
January 2012 (in terms of the notice of general meeting issued on 30 November   
2011), the special resolution set out in the notice of general meeting          
authorising the directors to issue ordinary shares in the company to Peter      
James Hewett, pursuant to the related party transaction detailed in the         
announcement released on SENS on 1 December 2011 and published in the press     
on 2 December 2011, was passed by the requisite majority of Efficient           
shareholders present or represented by proxy at the general meeting.            
23 January 2012                                                                 
Sponsor                                                                         
Java Capital                                                                    
Date: 23/01/2012 15:47:08 Supplied by www.sharenet.co.za                     
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