update REGARDING JCI`S ANNUAL FINANCIAL STATEMENTS FOR THE YEARS ENDED 31 MARCH 2005 - 31 MARCH 2010
03 May 2011
Further to the SENS announcement of 29 March 2011, JCI wishes to advise that it and IFA Boschendal Investments (Pty) Ltd, the two shareholders in Boschendal (Pty) Ltd (”Boschendal”), which is JCI`s largest asset, are in negotiations. As a result of these negotiations, Boschendal is unable to finalise its annual financial statements which has resulted in JCI being unable to finalise its annual financial statements.
Consequently JCI will not be able to post its financial statements on 3 May 2011. Shareholders will be advised of the date of posting of its financial statements and the date of the JCI annual general meeting as soon as these can be determined.
Shareholders are referred to the cautionary announcement dated 11 March 2011 and are advised that the negotiations referred to therein are continuing.
Shareholders are advised to exercise caution when dealing in JCI shares until a further announcement is made.
3 May 2011
Investec Bank Limited