GEN - General - Reminder to Set Point shareholders of their rights

GEN - General - Reminder to Set Point shareholders of their rights              
Set Point Group Limited                                                         
(formerly Set Point Technology Holdings Limited)                                
Incorporated in the Republic of South Africa                                    
Registration number: 1996/014334/06                                             
Share code: SPO                                                                 
ISIN code: ZAE000132601                                                         
("Set Point")                                                                   
Reminder to Set Point shareholders of their rights                              
Set Point shareholders are reminded that any Set Point shareholder who failed to
make a valid election either to remain invested in the company in respect of all
or some of their Set Point shares or to sell all or some of their Set Point     
shares in terms of the specific offer, as detailed in the delisting circular    
that was despatched by prepaid registered mail to all beneficial Set Point      
shareholders on Friday, 26 March 2010 ("circular"), and who was as a result,    
deemed in terms of the amendment to the articles of association to have elected 
to sell their entire shareholding to Set Point and/or Brubin Pumps (Proprietary)
Limited and who furthermore can reasonably satisfy the Set Point board of       
directors ("the board") that they did not in good faith receive the circular    
("good faith shareholder"), is entitled for a period of thirty (30) days from   
the date of this announcement, to subscribe for and be issued such number of Set
Point shares as were repurchased from them by default against payment by such   
Set Point shareholder of an amount equal to the specific offer consideration of 
90 cents per Set Point share ("specific offer consideration").                  
A good faith shareholder must contact the Set Point company secretary (Martyn   
Evers, 30 Electron Avenue, Isando, 1601 or PO Box 856, Isando, 1600) in writing,
before 19 August 2010 and submit a letter to the board certifying that: (1) he  
did not in good faith receive the circular and/or the notice of general meeting 
and (2) if he had received the circular and/or the notice of general meeting he 
would have elected to retain all or some of his shareholding in Set Point and   
requesting that such number of Set Point shares as were repurchased from him by 
default be issued to him at the specific offer consideration.                   
For clarity, this provision does not apply to Set Point shareholders who        
received the circular and/or notice of general meeting and failed, for whatever 
reason, to make a valid election to remain invested in Set Point.               
.                                                                               
Isando                                                                          
19 July 2010                                                                    
Lead joint sponsor             Joint sponsor                                    
BDO Corporate Finance          Investec Bank Limited                            
                                                                                
Legal advisor                  Reporting accountants and                        
                              auditors                                          
Edward Nathan Sonnenbergs Inc. KPMG Inc.                                        
                                                                                
Independent expert                                                              
KPMG Services (Proprietary)                                                     
Limited                                                                         
Date: 19/07/2010 14:56:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.