Result of EGM and cancellation of listing

Marshall Monteagle Holdings Société Anonyme                  

                          (in voluntary liquidation)                           

         Registered Office: 58, rue Charles Martel, L-2134 Luxembourg          

            Incorporated in Luxembourg R.C.S. Luxembourg No. B19600            

                        ("Monteagle" or "the Company")                         

                       JSE CODE: MTE ISIN: LU0035797272                        

RESULTS OF EXTRAORDINARY GENERAL MEETING AND SUSPENSION AND CANCELLATION OF
LISTING ON THE JSE LIMITED ("the JSE"), ON THE LUXEMBOURG STOCK EXCHANGE ("the
LuxSE") AND ON THE LONDON STOCK EXCHANGE ("the LSE")

Notice is hereby given that at the Extraordinary General Meeting of the
Shareholders of the Company held on Wednesday, 23 February 2011 at 10.00 a.m.
(CET) the following resolutions were approved by the requisite majority of
shareholders:

1. That a representative of Company and Accounting Services SA, be appointed as
chairman of this meeting.

2. To receive and adopt the reports of the Liquidator and of the
Commissaire-Vérificateur on the liquidation of the Company.

3. To grant discharge to the Liquidator and to the Commissaire-Vérificateur for
the performance of their responsibilities.

4. To pronounce the closure of the liquidation.

5. To authorise Damsor Limited to arrange for the publication of the fact of
the closing of the liquidation in the necessary publications.

6. To authorise the Damsor Limited to arrange for the cancellation of the
registration of the Company with all necessary authorities.

7. To authorise the archiving and storage of the books and records of the
Company for a period of five years from the date of the closure of the
liquidation with the Group Secretaries to the Company, City Group P.L.C., at 30
City Road, London, EC1Y 2AG, United Kingdom.

8. To decide that any Newco shares due to members that the Liquidator is unable
to deliver will be held in escrow with Newco for a period of at least five
years from the date of publication of the Liquidator's notice of completion
after this meeting, whereafter any shares still held in escrow will be sold as
described in section 4 of the circular accompanying this notice of meeting.

Shareholders are advised that the Company's share were suspended on the JSE
with effect from commencement of trade from Monday, 21 February 2011 and
terminated on the LuxSE and the LSE on 21 February 2011. Cancellation of the
share listing on the JSE will be effected at close of trade on Friday, 25
February 2011.

By order of the Board

City Group P.L.C.

Group Secretaries

23 February 2011