Published: 29 August 2014

Reference is made to the cautionary statement published on the 17th of July 2014, where the Board of directors of TA Holdings Limited ("TA Holdings" or "the Company") advised shareholders that the Company had received an offer from Masawara Holdings (Mauritius) Limited ("Masawara"), a wholly owned subsidiary of Masawara Plc under which Masawara (or its affiliates) proposes to acquire all the TA Holdings shares outstanding by way of a scheme of arrangement for a cash price per share of US$ 0.206 per share.

Preparations for the requisite scheme meeting are underway. A notice of the scheme meeting and other relevant documents will be published in due course. Applicable regulatory approvals are in the process of being sought.

The transaction may have a material impact on the value of the Company's shares and shareholders are advised to continue exercising caution when trading their shares...
- TAHO

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