SENS Note - 27 August 2008

Infrasors - closed period repurchase scheme


Infrasors announced that an agreement has been entered into in relation to the purchase of it shares by a subsidiary company during its closed period, which commences on 31 August 2008 and ends on or a out 31 October 2008 when the company's results are scheduled to be published. The maximum number of shares that can be purchased by the company is 10% of the issued share capital of the company amounting to 17 783 949 shares in terms of the general authority given by shareholders.

The mandate in the agreement is for an irrevocable, non-discretionary programme to purchase the company's shares. Any purchases will be effected within certain pre-set parameters, within the limits of the programme. Purchases of the company's shares under these arrangements will be announced in keeping with the JSE's Listings Requirements on share repurchases. The company confirms that it currently has no information which is not generally available and which, if generally available, would be likely to have a significant effect on the price of the company's ordinary shares.