8 March 2012

Notification of share dealing by an associate of a director of Sephaku Holdings
In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings
Requirements shareholders are hereby notified that Sephaku Holdings shares were
sold in the open market by an associate to a director of the Company. The
details are as follows:

Name of associate: Mrs. Sandra de Bruin (Spouse)
Name of director: Rudolph de Bruin
Category of director: Non-executive
Name of company: Sephaku Holdings
Date of transaction: 31 January 2012
Price of securities: R3.00 per share
Number of securities: 93 466 (ninety three thousand, four hundred and sixty six)
Total value of securities: R 280 398.00
Class of securities: Ordinary shares
Nature of transaction: Sale of ordinary shares
Interest: Direct beneficial
Name of associate: Mrs. Sandra de Bruin (Spouse)
Name of director: Rudolph de Bruin
Category of director: Non-executive
Name of company: Sephaku Holdings
Date of transaction: 17 February 2012
Price of securities: 1 999 at R2.56 per share 73 001 at R2.50 per share 25 000 at R2.55 per share
Number of securities: 100 000 (one hundred thousand)
Total value of securities: R 251 369.94
Class of securities: Ordinary shares
Nature of transaction: Sale of ordinary shares
Interest: Direct beneficial

8 March 2012
Sponsor to Sephaku Holdings
QuestCo