Company announcements

• 2010
• 2009
• 2008
• 2007
• 2006

Change statement and notice of annual general meeting

27 November 2009

Shareholders are advised that Excellerate's annual report for the year ended 30 June 2009 will be posted to shareholders on or about Friday, 27 November 2009 and contains no material modifications to the reviewed final results published on SENS on Tuesday, 29 September 2009. However it does contain some minor changes resulting from reallocations as detailed below:

Balance sheet	Reviewed 2009	Audited (restated) 2009	Reviewed 2008	Audited (restated) 2008
Long term receivable	-	-	307	-
Interest bearing receivables	560	560	880	1,187
Cash flow statement
Cash flows from operating activates
Cash generated by operations	65,313	64,813	56,200	56,200
Finance costs	(10,013)	(9,513)	(7,181)	(7,181)
Cash flows from financing activities
Increase in amounts owing by joint venture partners	(6,163)	(11,608)	4,177	(6,078)
Decrease in amounts owing by joint venture partners	-	5,445	-	-
Increase in amounts owing to joint venture partners	2,979	2,979	(6,078)	4,403
Decrease in amounts owing to joint venture partners	-	-	-	(226)
(Decrease)/increase in interest bearing receivables	-	(27)	-	813
Receipt of long term receivable	307	-	492	-
(Decrease)/increase in finance lease receivables	(334)	-	321	-

Group segmental reports		Reviewed
2009	Services	Trading & distribution	Corporate	Total
Amortisation of intangibles	-	-	(1,421)	(1,421)
Taxation	(11,766)	(3,465)	3,888	(11,341)

		Audited (restated)
2009	Services	Trading & distribution	Corporate	Total
Amortisation of intangibles	-	-	(1,422)	(1,422)
Taxation	(11,766)	(3,465)	3,898	(11,341)

Notice of annual general meeting

Notice is hereby given that the annual general meeting of Excellerate shareholders will be held at 1st Floor, Atholl Square, corner Katherine Street and Wierda Road East, Sandown, Sandton, at 14:00 on Friday, 18 December 2009 to transact the business as stated in the notice of annual general meeting which forms part of the annual report.

Sandton
27 November 2009

Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited