EXL - Excellerate Holdings Limited - Notice of disposals and acquisitions of

EXL - Excellerate Holdings Limited - Notice of disposals and acquisitions of    
securities                                                                      
Excellerate Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/009884/06)                                            
JSE code: EXL ISIN:ZAE000026092                                                 
("Excellerate" or "Company")                                                    
NOTICE OF DISPOSALS AND ACQUISITIONS OF SECURITIES                              
In terms of section 122(3)(b) of the Companies Act, 71 of 2008, as amended and  
paragraph 3.83(b) of the JSE Limited Listings Requirements, Excellerate         
shareholders are advised that:                                                  
*    The Rooibos Trust ("Rooibos") has notified the Company that it has     
         disposed of a beneficial interest in the securities of the Company,    
         such that the total of all beneficial interests of Excellerate         
         ordinary shares held by Rooibos is now 0% of the total Excellerate     
ordinary shares in issue;                                              
    *    The Suikerbos Trust ("Suikerbos") has notified the Company that it has 
         disposed of a beneficial interest in the securities of the Company,    
         such that the total of all beneficial interests of Excellerate         
ordinary shares held by Suikerbos is now 19.23% of the total           
         Excellerate ordinary shares in issue;                                  
    *    Reezen Limited ("Reezen") has notified the Company that it has         
         acquired a beneficial interest in the securities of the Company, such  
that the total of all beneficial interests of Excellerate ordinary     
         shares held by Reezen is now 12.93% of the total Excellerate ordinary  
         shares in issue; and                                                   
    *    Sporting Affair Investments 29 (Proprietary) Limited ("Sporting        
Affair") has notified the Company that it has acquired a beneficial    
         interest in the securities of the Company, such that the total of all  
         beneficial interests of Excellerate ordinary shares held by Sporting   
         Affair is now 8.62% of the total Excellerate ordinary shares in issue. 
Sandton                                                                         
24 April 2012                                                                   
Sponsor                                                                         
One Capital                                                                     
Date: 24/04/2012 10:00:01 Supplied by www.sharenet.co.za                     
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