KGM
KGM                                                                             
KGM - Kagiso Media Limited - Update on Kagiso Media`s offer to acquire the      
entire issued share capital of the Juta Group including Juta & Company          
Limited                                                                         
KAGISO MEDIA LIMITED                                                            
Incorporated in the Republic of South Africa)                                   
Reg. No 1957/000036/06                                                          
Share Code: KGM                                                                 
ISIN:ZAE000014007                                                               
("Kagiso Media" or "the Company")                                               
UPDATE ON KAGISO MEDIA`S OFFER TO ACQUIRE THE ENTIRE ISSUED SHARE CAPITAL       
OF THE JUTA GROUP INCLUDING JUTA & COMPANY LIMITED                              
The board of directors of Kagiso Media is pleased to announce that Kagiso       
Media`s offer to acquire 100% of the shares in Juta & Company Limited           
("Juta & Co"), Juta Investments (Proprietary) Limited ("Juta Investments")      
and Imfundo Investments (Proprietary) Limited ("Imfundo") (collectively the     
"Juta Group") has been accepted by the Juta Group shareholders subject to       
the remaining conditions precedent being:                                       
    *    Takeover Regulation Panel (in terms of a compliance certificate        
         to be issued in terms of the Companies Act); and                       
*    the Competition Commission, Competition Tribunal and/or                
         Competition Appeal Court, as the case may be and only to the           
         extent required, in terms of the Competition Act 89 of 1998, as        
         amended.                                                               
Johannesburg                                                                    
27 January 2012                                                                 
Investment Bank and Sponsor                                                     
Investec Bank Limited                                                           
Date: 27/01/2012 11:00:01 Produced by the JSE SENS Department.                  
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