» Further Cautionary Announcement

Further Cautionary Announcement

Posted on: 16 November 2009

Further to the cautionary announcement dated 2 October 2009, the Company announces, for purposes of compliance with the Listings Requirements of the JSE Limited, that negotiations to acquire certain additional retail assets in Romania are still in progress, which if successfully concluded may have a material effect on NEPI`s financial position and consequently on the price of the Company`s shares. Although no certainty can be given that these negotiations will be concluded successfully, the Company has made significant progress in the negotiations to date. Accordingly, shareholders are advised to continue exercising caution when dealing in their NEPI shares until a further announcement is made in this respect.