CONVERGENET HOLDINGS LIMITED - Disclosure of acquisition and disposal of securities

Disclosure of acquisition and disposal of securities

CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN      ISIN: ZAE000102067
(“ConvergeNet” or the “Company”)

DISCLOSURE OF ACQUISITION AND DISPOSAL OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as
amended (the “Act”), and paragraph 3.83(b) of the Listings Requirements of the JSE
Limited, shareholders are hereby advised that the Company has received formal
notification in the prescribed form of the following movements in the securities of the
Company:

-   AfrAsia Special Opportunities Fund Limited has acquired ConvergeNet shares
    resulting in an increase of its interest in the securities of the Company to 28.56%;
    and
-   Absa Trading and Investment Solutions Proprietary Limited has disposed of
    ConvergeNet shares resulting in a reduction of its interest in the securities of the
    Company to 0.00%.

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

Centurion
18 September 2013

Corporate adviser: AfrAsia Corporate Finance Proprietary Limited
Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Date: 18/09/2013 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.