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ROLFES HOLDINGS LIMITED - Posting of circular and notice of general meeting

Release Date: 30/07/2015 11:39:00      Code(s): RLF     
Registration number 2000/002715/06
Share Code: RLF
ISIN Code: ZAE000159836
(?Rolfes? or ?the Group? or ?the Company?)

Shareholders are referred to the announcement published on SENS on 15 July 2015, in which
shareholders were advised that Rolfes entered into an agreement to acquire the entire issued share
capital in, and all the shareholders? loans against, Bragan Chemicals (?the Acquisition?) for a total
purchase consideration of R213.1 million.

In addition, shareholders were advised that Rolfes will issue:
-     45 million new Rolfes shares to a 100% held subsidiary of existing Rolfes shareholder, Masimong
      Group Holdings Proprietary Limited, which is an associate of non-executive director Michael S
      Teke; and

-      3.333 million new Rolfes shares to Eziko Investments (Proprietary) Limited , an associate of non-
       executive director Dinga Mncube.
at an issue price of R3 per share, thereby raising R145 million (?the Share Placement?).

Shareholders are advised that a circular regarding the Acquisition and the Share Placement was posted
to shareholders today, 30 July 2015. The circular will also be made available on the company?s website
hosted at www.rolfesza.net, as well as at the company?s business office at 404 Roan Crescent,
Corporate Park North, Midrand, Gauteng.

Notice of general meeting

Incorporated in the circular is a notice in respect of a general meeting of Rolfes shareholders which will
take place at 404 Roan Crescent, Corporate Park North, Midrand, Gauteng on Monday, 31 August 2015
at 10h00. The record date to determine which shareholders will be entitled to vote at the General
Meeting will be Friday, 21 August 2015.

30 July 2015

Corporate Advisor and Sponsor to Rolfes: Grindrod Bank Limited

Legal Advisor to Rolfes: ENSAfrica

Date: 30/07/2015 11:39:00 Supplied by www.sharenet.co.za                     
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