JSE - Bond Exchange Of South Africa - Joint Announcement By BESA And The JSE

February 6, 2009 at 5:02 AM EST
JSE                                                                             
JSE - Bond Exchange Of South Africa - Joint Announcement By BESA And The JSE    
Relating To The Proposed Scheme Of Arrangement Between BESA And Its Shareholders
BOND EXCHANGE OF SOUTH AFRICA LIMITED                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2007/034441/06)                                           
("BESA")                                                                        
JSE LIMITED                                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2005/022939/06)                                           
Share Code: JSE                                                                 
ISIN: ZAE000079711                                                              
("JSE")                                                                         
JOINT ANNOUNCEMENT BY BESA AND THE JSE RELATING TO THE PROPOSED SCHEME OF       
ARRANGEMENT BETWEEN BESA AND ITS SHAREHOLDERS                                   
Shareholders of BESA ("BESA Shareholders") are referred to the Notice of Scheme 
Meeting published on 16 January 2009 and the Circular to BESA Shareholders      
regarding the proposed Scheme of Arrangement ("the Scheme") posted to BESA      
Shareholders on 20 January 2009.                                                
At the Scheme meeting held on Friday, 6 February 2009, the Scheme was approved  
by the requisite majority of BESA Shareholders.                                 
Application will be made to the High Court of South Africa for an order         
sanctioning the Scheme as soon as practicable after the South African           
competition authorities' approval has been obtained, which application date is  
expected to be on Tuesday, 5 May 2009 at 10:00 or as soon thereafter as Counsel 
may be heard.                                                                   
The Chairman's Report to the High Court on the results of the Scheme meeting    
will be available for inspection at the registered office of BESA, with free    
copies available on request, during normal business hours for 7 days before the 
date of the court application for an order sanctioning the Scheme.              
Johannesburg                                                                    
6 February 2009                                                                 
Financial Advisor to BESA                                                       
Absa Capital                                                                    
Attorneys to the Scheme                                                         
Webber Wentzel                                                                  
Legal advisor to BESA                                                           
Edward Nathan Sonnenbergs Inc                                                   
Sponsor to JSE                                                                  
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 06/02/2009 10:57:02 Produced by the JSE SENS Department.