27 November 2012
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.
| Name of associate: | Mrs. Sandra de Bruin |
| Name of director: | Rudolph de Bruin |
| Relationship to director: | Spouse |
| Category of director: | Non-executive |
| Name of company: | Sephaku Holdings |
| Date of transaction: | 26 November 2012 |
| Price of securities: | 20 000 shares at R2.85 per share 35 000 shares at R2.88 per share |
| Number of securities: | 55 000 |
| Total value of securities: | R157 800.00 |
| Class of securities: | Ordinary shares |
| Nature of transaction: | Sale of ordinary shares |
| Interest: | Direct beneficial |
Centurion
27 November 2012
Sponsor to Sephaku Holdings
QuestCo (Pty) Ltd