SAC Sacoil

TIDMSAC

RNS Number : 7950A

SacOil Holdings Limited

04 April 2012

SACOIL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1993/000460/06)

JSE share code: SCL

AIM share code: SAC

ISIN: ZAE0000127460

("SacOil" or "the Company")

4 April 2012

Johannesburg

FURTHER CAUTIONARY ANNOUNCEMENT (JSE)

In compliance with JSE Limited ("JSE") Listings Requirement 3.9 and with reference to the cautionary announcement published on 2 September 2011 and the further cautionary announcements published on 13 October 2011, 24 November 2011, 10 January 2012 and 21 February 2012 on the Stock Exchange News Service of the JSE and on the Regulatory News Service of the London Stock Exchange, SacOil shareholders ("Shareholders") are advised that the Company is still in the process of considering various proposals and potential transactions, which if successfully concluded, may have a material effect on the price of SacOil ordinary shares ("Shares").

Accordingly, Shareholders are advised to continue to exercise caution when dealing in their Shares until a further announcement is made in this regard.

JSE Sponsor

Nedbank Capital

For further information please contact:

AIM Nominated Adviser and Joint Broker

finnCap Ltd

   Matthew Robinson / Christopher Raggett             +44 (0)20 7220 0500 
 
 
  First Energy Capital (Joint 
  Broker UK) 
  Majid Shafiq 
  Travis Inlow                    +44 (0)20 74480200 
 
 

Public Relations (South Africa)

The Riverbed Agency

   Raphala Mogase / Bongiwe Moeli                     +27 (0) 11 783 7903 

Public Relations (United Kingdom)

Pelham Bell Pottinger

   Philip Dennis/Nick Lambert/Rollo Crichton-Stuart   +44 (0)20 7861 3232 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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