FONEWORX HOLDINGS LIMITED - NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND PARAGRAPH 3.83(b) OF THE LISTINGS REQUIREMENTS OF

NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND 
PARAGRAPH 3.83(b) OF THE LISTINGS REQUIREMENTS OF

                                   FONEWORX HOLDINGS LIMITED
                          Incorporated in the Republic of South Africa
                             (Registration number 1997/010640/06)
                              Share code: FWX ISIN: ZAE000086237
                                 (“FoneWorx” or “the Company)


           NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND
            PARAGRAPH 3.83(b) OF THE LISTINGS REQUIREMENTS OF JSE LIMITED



In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008) (“Companies Act”) and
paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are advised that FoneWorx
has received notification in terms of section 122(1) of the Companies Act that the William Kirsh Family Trust
and the Isaac Kirsh Family Trust No. 2 have acquired a beneficial interest in the securities of the Company,
such that each Trust’s entire beneficial interest amounts to 16.38% of the total number of securities in issue
giving the Kirsh Family Trusts a total beneficial interest of 32.76% in the issued share capital of the
Company.

As required in terms of section 122(3)(a) of the Companies Act, FoneWorx has filed the required notice with
the Takeover Regulation Panel.


Johannesburg
25 September 2012

Designated Adviser
Merchantec Capital

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