BRIEF-Tsogo Sun Hotels Announces Category 2 Disposal
July 14 (Reuters) - Tsogo Sun (JO: TSGJ ) Hotels Ltd TGOJ.J :
* JSE: TGO - CATEGORY 2 DISPOSAL ANNOUNCEMENT
* TSOGO SUN HOTELS LTD - AGGREGATE PROCEEDS FOR ASSETS IS US$ 27.8 MILLION AND HAS BEEN SETTLED IN CASH.
* TSOGO SUN HOTELS LTD - DISPOSAL CONSIDERATION WILL BE APPLIED TOWARDS SETTLEMENT OF GROUP'S US DOLLAR DENOMINATED NET DEBT
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