ADVTECH LIMITED - ADvTECH receives approval from the Competition Commission for the Centurus acquisition

ADvTECH receives approval from the Competition Commission for the Centurus
acquisition

ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
("ADvTECH" or “the Company”)

ADvTECH receives approval from the Competition Commission for the Centurus
acquisition

The board of ADvTECH is pleased to announce that the Competition Commission has approved
the Centurus acquisition, which was previously announced on 16 September 2014, without any
conditions.    The transaction involves the acquisition of Centurus Colleges, comprising
Pecanwood College, Southdowns College and Tyger Valley College from Investec Bank Limited,
the Aljo Trust, the Hennops Valley Trust, the Inverkloof Trust and certain other individuals.

All conditions of the transaction have therefore been met and the agreement is therefore
unconditional. The parties are working towards the closing date of 13 January 2015.

15 December 2014
Johannesburg

Financial advisor and sponsor to ADvTECH: Bridge Capital Advisors (Pty) Limited

Legal advisor to ADvTECH: Cliffe Dekker Hofmeyr Inc

Financial advisor to Innospan, Nanospan and the Vendors: Investec Bank Limited

Legal advisor to Innospan, Nanospan and the Vendors: Webber Wentzel

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