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JCI Limited

Announcements and Media Coverage

Company Announcements

Draft Merger Circulars Submitted

 
4 April 2008-

The background to the attached SENS announcement is that JCI submitted the first draft of the scheme arrangement for the proposed merger to the SRP in December 2007. After a period of clarification and discussion, the SRP recently requested that completed merger circulars for both companies should now be submitted to themselves and the JSE.

Randgold & Exploration Company Limited
(Incorporated in the Republic of South Africa)
(Registration number 1992/005642/06)
Share code: RNG
ISIN: ZAE000008819 (Suspended)
Nasdaq trading symbol: RANGY (delisted)
ADR ticker symbol: RNG
("Randgold" or "the Company")

UPDATE TO SHAREHOLDERS

Proposed merger of Randgold & Exploration Company Limited (“R&E”) and JCI Limited (“JCI”) and in terms of a scheme of arrangement (“the scheme”)

Shareholders are advised that the draft R & E and JCI circulars were delivered to the JSE and the Securities Regulation Panel on 2nd April 2008 for approval and/or response. As soon as approval is obtained from the regulators, shareholders will be advised of the dates upon which the respective meetings of shareholders will be held to give effect to the merger.

4 April 2008
Johannesburg
Sponsor and Corporate Adviser
Sasfin Capital
(A division of Sasfin Bank Limited)

 

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