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Notes to the consolidated financial statements

for the year ended 30 June 2009   
   
   
           
        2009     2008  
        R’000     R’000  
10.  
TREASURY SHARES  
         
   Balance at beginning of year     (2 341 725)    (86 262) 
   A total of 72 000 (2008: 86 086) Assore shares, being 0,26% (2008: 0,31%) of issued            
   share capital acquired by Main Street 460 (Proprietary) Limited, a wholly owned            
   subsidiary of Assore at R367,57 per share (2008: R318,37) in terms of the authority            
   granted by shareholders at the Annual General Meeting held on 4 September 2008     (26 465)    (27 407) 
   Cancellation of 428 347 treasury shares acquired at an average cost of            
   R580,65 per share in terms of the authority granted by shareholders at the            
   Annual General Meeting held on 4 September 2008     248 718     –  
   Costs of cancellation of treasury shares     (775)    –  
   A total of 2 931 653 shares (10,47%) of the issued share capital acquired at R760 per            
   share and held in terms of a warehousing agreement concluded with the Standard Bank            
   of South Africa Limited (SBSA). During 2009, these shares were acquired from SBSA            
   by a wholly owned subsidiary, Main Street 460 (Proprietary) Limited (refer to note 17)    –     (2 228 056) 
   Warehouse transaction costs     (5 038)    –  
   Balance at end of year     (2 125 285)    (2 341 725)