15 November 2010
In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements shareholders are hereby notified that Sephaku Holdings shares were sold on the open market by a representative of the company secretary of Sephaku Holdings in her personal capacity. The details are as follows:
| Name of representative of the company secretary: | Jennifer Bennette |
| Name of company: | Sephaku Holdings |
| Date of transaction: | 12 November 2010 |
| Price of securities: | R 3.20 per share |
| Number of securities: | 20 000 (twenty thousand) |
| Total value of securities: | R 64 000 |
| Class of securities: | Ordinary shares |
| Nature of transaction: | Sale of ordinary shares |
| Interest: | Direct beneficial |
| Clearance given in terms of Paragraph 3.66 | Yes |
15 November 2010
Pretoria
Sponsor to Sephaku Holdings
QuestCo