(Incorporated in the Republic of South Africa).
(Registration number 1984/006179/06)
JSE Share code: AFO
International Prime QX (OTCQX): AFSGY
HIGH COURT SANCTIONS SCHEME OF ARRANGEMENT
Aflease is pleased to advise shareholders that the Transvaal Provincial
Division of the High Court of South Africa (�TPD�) on Tuesday, 3 February 2009,
ordered that the scheme of arrangement between Aflease and its ordinary
shareholders be sanctioned in terms of section 311 of the Companies Act, 1973,
and declared it to be binding on Aflease and its shareholders (�order�). The
TPD further ordered that the scheme not be implemented until all of the
conditions listed in paragraph 7, pages 36 to 37 of the circular to Aflease shareholders
issued on Friday, 19 December 2009, have been fulfilled or waived. The order
has been lodged with the Companies and Intellectual Property Registration
Office for registration.
Shareholders are reminded that the implementation of the scheme remains subject
to the fulfilment or waiver (where permitted) of a number of conditions which
were specified in the announcement released on 29 January 2009.
6 February 2009
MACQUARIE FIRST SOUTH ADVISERS (PTY) LIMITED.
Corporate adviser and sponsor in South Africa
DENEYS REITZ INC.
Attorneys to Aflease - South Africa