CORONATION FUND MANAGERS LIMITED - Transformation

Transformation

Coronation Fund Managers Limited
(Incorporated in the Republic of South Africa)
(Registration number 1973/009318/06)
ISIN: ZAE000047353
Share code: CML
("Coronation")

TRANSFORMATION

Coronation’s broad-based black economic empowerment partner, the Imvula
Trust (“Imvula”), has settled its remaining debt. Whilst it was envisaged
that this would facilitate the conversion of the Imvula investment in
Coronation Investment Management (Pty) Ltd to listed Coronation shares, this
process has now been deferred pending the finalisation of the Financial
Sector Charter. Consequently, no new Coronation shares will be issued as
consideration for Imvula’s stake in Coronation Investment Management (Pty)
Ltd prior to 30 September 2012.

Cape Town
29 August 2012

Sponsor to Coronation
Deutsche Securities (SA) (Proprietary) Limited

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