AFRICAN BANK INVESTMENTS LIMITED - Unsolicited offer for ABIL preference shares (ABLP) by Deep Value Investments Proprietary Limited

Unsolicited offer for ABIL preference shares (ABLP) by Deep Value Investments Proprietary Limited

AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
Ordinary share code : ABL ISIN: ZAE000030060
Preference share code : ABLP ISIN: ZAE000065215
("ABIL" or "the Group" or the "Company")

Unsolicited offer for ABIL preference shares (ABLP) by Deep Value Investments Proprietary Limited

1. The Board of ABIL has been made aware of an unsolicited offer made to selected ABIL
   preference shareholders by the above company.

2. The Board of ABIL would like to confirm that this offer does not in any way relate to the
   resolution plan referred to in the Press Release, related to African Bank Limited, issued by SARB
   on 10 August 2014, and referred to in the SENS announcement issued on 11 August 2014, or any
   further announcements related to this.

3. The Board of ABIL would like to confirm that the entity making the offer is in no way authorised
   by or instructed to act on behalf of ABIL.

4. Should shareholders receive any communication or offer in relation to ABIL securities and they
   are in any doubt as to whether it is related to the resolution plan, they are invited to contact
   ABIL investor relations on investor.relations@africanbank.co.za.

On behalf of the Board of ABIL
27 November 2014

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

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