REUNERT LIMITED - Correction announcement

Correction announcement

REUNERT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1913/004355/06
ISIN: ZAE000057428
Share code: RLO
(“Reunert”)

CORRECTION ANNOUNCEMENT

Shareholders are referred to the announcement released on the Stock Exchange News Service on
Monday, 14 April 2014 regarding the disposal by Nashua Mobile Pty Ltd (“Nashua Mobile”) of its
MTN and Vodacom subscriber bases and cautionary announcement relating to its Cell C subscriber
base (“the announcement”).

Shareholders are advised that the announcement contained an error in relation to an intercompany
dividend, received by Nashua Mobile, which was required to be eliminated on consolidation to
correctly reflect the operating profit of Nashua Mobile. This error has no bearing on the transaction
rationale, and reduces the effect of the transaction on earnings.

The corrected pro-forma financial information is reflected below:


                                                 Audited before the    Pro forma after the
                                                        Transaction           Transaction
                                                                                             Change
                                                   (cents per share)     (cents per share)      (%)

Basic earnings per share                                      587,8               1 524,3      159,3

Diluted basic earnings per share                              582,3               1 509,5      159,2

Headline earnings per share                                   583,2                 498,5      -14.5

Diluted headline earnings per share                           577,7                 493,7      -14,5

Normalised headline earnings per share                        569,1                484,31      -14,9


All other information contained in the announcement is correct.

Sandton
15 April 2014

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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