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BSB
BSB
BSB - Busby - Update on interest payable in respect of scheme consideration
THE HOUSE OF BUSBY LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1997/009173/06)
Share code: BSB & ISIN number: ZAE000013637
("Busby" or "the company)
UPDATE ON INTEREST PAYABLE IN RESPECT OF SCHEME CONSIDERATION
Further to the announcement released on SENS on 7 April 2008 and in the press on
8 April 2008, Busby shareholders are advised that, following the amendment to
the repo rate which has resulted in a 50 basis point increase to the prime rate,
the interest payable to scheme members will amount to R0.75 per share.
Accordingly, the scheme consideration payable to scheme members is R21.00 per
Busby share plus interest of R0.75 per Busby share.
Johannesburg
11 April 2008
Corporate advisor
and transaction sponsor to Busby
Java Capital (Proprietary) Limited
Attorneys and tax advisor to the proposer
Webber Wentzel (incorporating Mallinicks)
Attorneys to the scheme
Fluxmans Incorporated
Independent advisor
PKF Corporate Finance (Proprietary) Limited
Date: 11/04/2008 12:52:01 Produced by the JSE SENS Department.
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