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BTU Brait

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Share Name Share Symbol Market Type Share ISIN Share Description
Brait LSE:BTU London Ordinary Share LU0011857645 NPV(UK REG)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Launch of Brait Fund IV

31/01/2007 8:10am

UK Regulatory


RNS Number:4272Q
Brait S.A.
31 January 2007


                                   Brait S.A.
                                Societe Anonyme
                                   ("Brait")
                          (Incorporated in Luxembourg)
                   Registration number: RC Luxembourg B-13861
                                Share code: BAT
                            ISIN code: LU0011857645


                                  Announcement


Brait today announced the launch of Brait Fund IV, Africa's largest private
equity pool of capital of $880 million (R6,1 billion). The capital has been
raised from international and South African investors and includes a $200
million debt facility underwritten by two South African financial institutions.

Brait Fund IV, which closed on 21 December 2006, will be invested in various
private equity transactions sponsored, initiated and supported by Brait's
Private Equity Division.

Luxembourg

31 January 2007

                                    Sponsor
               Deloitte & Touche Sponsor Services (Pty) Limited.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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