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Circular to Shareholders 10 April 2010

Tuesday, April 10, 2012

The authorized share capital of the Company be redenominated from eight hundred million [800,000,000] ordinary shares of ZWD0.01 (one cent)* each to 800,000,000 (eight hundred million) ordinary shares of USD0.00001 (one thousandth of a United States cent) each and that the Directors be authorized to transfer from the Capital Reserves an equivalent of nominal value issued Share Capital to fund the re-denomination and this amount will amount to USD3,642.01 (three thousand six hundred and forty two United States of America Dollars and one cent) and that the Articles of Association of the Company be amended accordingly. *Old Zimbabwe Dollar Currency as at 31 January 2009.

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