POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING FoneWorx Holdings Limited Incorporated in the Republic of South Africa (Registration number 1997/010640/06) Share code: FWX ISIN: ZAE000086237 (“FoneWorx”) POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING Further to the announcements released on SENS on 12 July 2012 and 1 August 2012 and using the terms defined therein unless otherwise stated, shareholders are hereby advised that the circular containing full details of the Specific Repurchase, Specific Issue and the Put Option, and incorporating a notice to convene a general meeting of FoneWorx shareholders in order to consider and, if deemed fit, to pass with or without modification, the resolutions necessary to approve and implement the Specific Repurchase, Specific Issue and the Put Option has been distributed today, 14 August 2012. Notice is hereby given that the general meeting of shareholders of FoneWorx will be held at the offices of FoneWorx, FoneWorx House, 84 Bram Fischer Drive (Entrance on Will Scarlet Road), Ferndale, Randburg, 2194 at 10:00 on Thursday, 13 September 2012 to conduct the business stated in the notice of general meeting, which is contained in the circular. The board of directors of FoneWorx determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), the record date for the purposes of determining which shareholders of FoneWorx are entitled to participate in and vote at the general meeting is Friday, 7 September 2012. Accordingly, the last day to trade FoneWorx shares in order to be recorded in the Register to be entitled to vote will be Friday, 31 August 2012. Johannesburg 14 August 2012 Designated Adviser Merchantec Capital Date: 14/08/2012 04:14:00 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.