BCX-posting of circular and general meeting notice

Wed, 09 Mar 2011

Holders of ordinary shares and ordinary class "A" shares in BCX ("BCX Shareholders") are referred to the announcement released on SENS on 15 December 2010 and published in the press on 17 December 2010 regarding the proposed acquisition by BCX from UCS Group Limited ("UCS") of the shares and claims in certain of the underlying subsidiaries of UCS ("the Acquisition"). BCX Shareholders are hereby advised that a circular containing details of the Acquisition and incorporating a notice of general meeting ("the Circular") was posted to BCX Shareholders today, 9 March 2011. A general meeting of BCX Shareholders ("General Meeting") will be held at 11h00 on Thursday, 31 March 2011, in the Fundi Auditorium, Business Connexion Park North, Block Q, 789 Sixteenth Road, Randjespark, Midrand, 1685 for the purpose of considering and, if deemed fit, passing with or without modification, the resolutions required to approve and implement the Acquisition as set out in the notice of General Meeting included in the Circular. The salient dates and times relating to the Acquisition are set out below: *Last day for the receipt of proxy forms by 11:00 on Tuesday, 29 March 2011 *General Meeting of BCX Shareholders to be held at 11:00 on Thursday, 31 March 2011 *General meeting of UCS Shareholders to be held at 15:00 on Thursday, 31 March 2011 *Results of the General Meeting released on SENS on Thursday, 31 March 2011 *Results of the General Meeting published in the press on Friday, 1 April 2011 *Anticipated fulfilment of conditions precedent on Friday, 29 April 2011 *Listing of the consideration shares from the commencement of business on (see note 3) Thursday, 12 May 2011