AH-VEST LIMITED - Dealings by an associate of a director

Dealings by an associate of a director

AH-VEST LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1989/000100/06)
Share code: AHL      ISIN code: ZAE000129177
(“AH-Vest” or “the Company”)


DEALINGS BY AN ASSOCIATE OF A DIRECTOR


Shareholders are advised that Eastern Trading Proprietary Limited (“Eastern Trading”), the
controlling shareholder in AH-Vest and an associate of executive director, Mr I Darsot, has
agreed to acquire a 61% interest, from 6 separate shareholders, in Farm Foods Proprietary Limited
(“Farm Foods”), which owns 23 802 500 shares in AH-Vest, equating to a 23.34% interest in AH-
Vest. The attorneys have been instructed to prepare formal written documentation recording
the agreement arrived at in due course. Given the general shutdown in respect of end of the
year vacations the agreement will only be finalised and ready for signature in the New Year,
which will be a closed period in terms of the JSE Listings Requirements. The remaining terms to be
included in the agreement relate to normal warranties expected in relation to an acquisition of a
private company.

In accordance with paragraph 3.63 of the JSE Listings Requirements the following director’s
dealing is disclosed in accordance with the key terms that have been agreed between the
parties:

 Name of director:               I Darsot
 Name of associate:              Eastern Trading
 Relationship with director:     Direct beneficial shareholder and director of associate
 Nature of transaction:          Purchase of 61% shareholding in a private company holding
                                 23 802 500 shares in AH-Vest
 Date of transaction:            To be advised
 Class of securities:            Ordinary shares
 Number of securities:           14 519 525 (being 61% of 23 802 500 shares in AH-Vest)
 Purchase price:                 17.86 cents per share
 Total value of transaction:     R2 593 187.19
 Nature of interest:             Indirect beneficial
 Extent of interest:             14.24%
 Nature of trade:                Off-market
 Clearance to deal:              Yes

Notification in terms of Section 122 of the Companies Act, 2008 (No. 71 of 2008) will be advised
once the agreement to give effect to the sale of 61% of Farm Foods is signed by all parties.

Johannesburg
23 December 2014

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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