Courts (Mauritius) Limited

Communique

The Board of Directors of Courts (Mauritius) Limited (the Company) has been informed by the Administrators of Courts Plc (in administration) that as part of their administration process, they have entered into an agreement to dispose of the 84.6% interest (equivalent to 98,998,205 shares) in the Company held by Courts (Overseas) Limited, a wholly owned subsidiary of Courts Plc (in administration), to British American Investment Co. (Mtius) Ltd.

The Company has been advised by the Stock Exchange of Mauritius that pending the fulfillment of certain conditions precedent and fulfillment, by the respective parties, of the relevant requirements of the Règlement Général de la Bourse de Maurice pertaining to a “cession de bloc de contrôle”, trading in the shares of the Company has been suspended as from the trading session of 29 November 2005.

The shareholders of the Company and the public will be kept informed of further developments in this matter.

By Order of the Board

City Corporate Services Ltd

29 November 2005

This communiqué is issued pursuant to Listing Rule 11.3.

The Board of Directors of Courts (Mauritius) Limited accepts full responsibility for the accuracy of the information contained in this communiqué