Name change and registration of the special resolutions Ideco Group Limited Incorporated in the Republic of South Africa Registration number 2001/023463/06 Share code: IDE ISIN code: ZAE000107579 ("Ideco” or the “Company") CONFIRMATION OF REGISTRATION OF THE SPECIAL RESOLUTIONS AND SALIENT DATES FINALISATION ANNOUNCEMENT REGARDING: - the change of name of Ideco Group Limited to Muvoni Technology Group Limited (“the change of name”) - the conversion of par value shares to shares of no par value (“the share capital conversion”;and - the adoption of a new memorandum of incorporation (“the MOI adoption”) Shareholders are referred to the announcements released by the Company on 20 June 2012 and 6 July 2012, relating to the results of the general meeting at which meeting special resolutions relating to the Change of Name, the Share Capital Conversion and the MOI Adoption were approved by shareholders. Following the above, shareholders are hereby advised that the Company has received confirmation of registration of the Special Resolutions by the Companies and Intellectual Property Commission (“CIPC”) and there are no further conditions outstanding. Accordingly, the salient dates and times applicable to the Change of Name, the Share Capital Conversion and the MOI Adoption are as follows: 2012 Finalisation date for Change of Name Wednesday, 1 August Last day to trade under old name Friday, 10 August Trade under the new name “Muvoni Technology Group Limited”, JSE code: MTG and ISIN code: ZAE000167268 from Monday, 13 August commencement of trading on JSE Record date Friday, 17 August Issue to certificated shareholders of new share certificates, posting of share certificates to those shareholders who have submitted their share certificates and forms of surrender on or before 12:00 on the record date. Share certificates and forms of surrender received after 12:00 on the record date will have their new certificates posted within five days of receipt of surrender and in respect of dematerialised shareholders’ CSDP and Broker accounts updated on Monday, 20 August Notes: Share certificates in the name of Ideco Group Limited may not be dematerialised or rematerialised after Friday, 10 August 2012. Johannesburg 01 August 2012 Corporate Advisor Dea-ru Designated Advisor Sasfin Capital (a division of Sasfin Bank Limited) Date: 01/08/2012 02:43:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.