21 December 2012
In compliance with paragraph 3.63 to 3.66 of the JSE Limited Listings Requirements
shareholders are hereby notified that Sephaku Holdings shares were purchased of by
way of an on-market transaction by a director of the Company in his personal capacity.
| Name of director: | Modilati Gustav Mahlare |
| Category of director: | Non-executive |
| Name of company: | Sephaku Holdings |
| Date of transaction: | 19 December 2012 |
| Price of securities: | R3.20 per share |
| Number of securities: | 9 310 shares |
| Total value of securities: | R29 792.00 |
| Class of securities: | Ordinary shares |
| Nature of transaction: | Purchase of ordinary shares |
| Interest (direct or indirect): | Direct beneficial |
| Clearance given in terms of Paragraph 3.66: | Yes |
Centurion
21 December 2012
Sponsor to Sephaku Holdings
QuestCo (Pty) Ltd