Voluntary announcement

March 26, 2009 at 5:00 AM EDT
JSE - JSE Limited - Voluntary announcement                                      
JSE LIMITED                                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number: 2005/022939/06)                                           
Share Code: JSE                                                                 
ISIN Code: ZAE000079711                                                         
VOLUNTARY ANNOUNCEMENT                                                          
JSE advises market of statement from Stock Exchange of Mauritius (SEM)          
In response to recent media reports regarding the acquisition by the JSE of a   
strategic stake in the SEM, the JSE would like to draw the market's attention   
to the following statement released by the SEM and published in the Mauritian   
press today (26 March):                                                         
"Further to the publication of various media reports regarding the strategic    
partnership between the Stock Exchange of Mauritius (SEM) and the               
Johannesburg Stock Exchange (JSE), the SEM would like to inform its             
stakeholders and the public of the following:                                   
1.   The SEM submitted on 16th January 2009 an application to the Financial     
    Services Commission (FSC) seeking its approval of the proposed SEM/JSE      
    strategic partnership. The application contained documents which            
    explained, inter-alia, the rationale of the strategic partnership, the      
    list of deliverables to be implemented within a 3 year period to scale      
    up the activities of the SEM and further internationalise the SEM and       
    capital markets in Mauritius, the joint medium-term strategy in Africa,     
    and the corporate governance structure to be set up in the context of       
    this partnership to ensure smooth decision-making.                          
2.   The decision to enter into a strategic partnership with the JSE            
    has essentially been driven by the potential positive impact that           
    such a relationship could have on the future of capital markets             
    in Mauritius and the positioning of Mauritius as an international           
    financial services center.                                                  
3.   The SEM has had extensive discussions with the FSC and has provided        
    the latter with all information and explanations required.                  
4.   The SEM has been informed by the FSC, in a letter dated 20 March           
    2009, that the FSC is unable to approve the SEM/JSE partnership             
    under the terms as proposed in the documents submitted and other            
    representations made to it.                                                 
5.   The SEM is still in the process of engaging with the FSC to consider       
    ways and means of addressing the concerns of the FSC to the satisfaction    
    of all the parties concerned.                                               
The stakeholders of the SEM and the public will be kept informed of any         
further development on this matter."                                            
The JSE will likewise inform the market of any further developments.            
26 March 2009                                                                   
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 26/03/2009 07:05:02 Produced by the JSE SENS Department.