NPK - Nampak Limited - Conversion and listing of Nampak ordinary shares in

NPK - Nampak Limited - Conversion and listing of Nampak ordinary shares in      
terms of the Nampak BEE transaction                                             
Nampak Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/008070/06)                                            
JSE share code: NPK    ISIN: ZAE000071676                                       
("Nampak" or "the Company")                                                     
CONVERSION AND LISTING OF NAMPAK ORDINARY SHARES IN TERMS OF THE NAMPAK BEE     
TRANSACTION                                                                     
Shareholders are referred to the Nampak circular dated 7 September 2005, and    
various SENS announcements including the Nampak results announcement dated 29   
September 2005, wherein the issue of 31 857 195 Preferred Ordinary shares to    
Red Coral Investments 23 (Pty) Limited ("Red Coral") in terms of the Black      
Economic Empowerment ("BEE") transaction, was detailed ("Red Coral BEE          
transaction").                                                                  
Shareholders are now advised that, in terms of the Red Coral BEE transaction,   
the Preferred Ordinary shares held by Red Coral have been automatically         
converted into 31 857 195 Nampak ordinary shares and listed on the JSE Limited  
on 31 January 2011. After the listing, the ordinary share capital is R34 668    
458.50 divided into 693 369 170 ordinary shares of 5 cents each.                
The converted shares were issued as follows:                                    
18 422 981 Ordinary Shares at 1 513 cents each; and                             
13 434 214 Ordinary Shares at their par value of 5 cents each.                  
Following the conversion, Red Coral now holds 31 857 195 Nampak ordinary        
shares.                                                                         
Sandton                                                                         
31 January 2011                                                                 
Sponsor:                                                                        
UBS South Africa (Pty) Limited                                                  
Date: 31/01/2011 15:56:24 Supplied by www.sharenet.co.za                     
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