We are pleased to inform you that on the 2nd April 2012, CP Holdings Ltd, the majority shareholder in Balton CP Ltd, have acquired the remaining 49% shareholding in the company previously held by Koor Trade. This significant and exciting development results in Balton CP Ltd now being wholly owned by CP Holdings Ltd. This move delivers a clear and strong message about CP Holdings’ continued confidence in Balton CP as growth engine for the future and in business prospects across Sub Saharan Africa in general. Assuring you of our continued commitment to Business in Africa.