NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING BLUE FINANCIAL SERVICES LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 1996/006595/06) JSE Code: BFS ISIN: ZAE000083655 ("Blue" or "the Company") NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are hereby advised that the integrated annual report which incorporates the consolidated annual financial statements of the Company for the year ended 29 February 2012 (“Annual Report”) is available for inspection at the Company’s website created for the Annual Report situated at www.blue- iar.co.za as of today, 31 August 2012 and contains no modifications to the audited results published on the Securities Exchange News Service of the JSE Limited on 13 July 2012. Notice is hereby given that the Annual General Meeting of Blue shareholders will be held at 10h00 on Wednesday, 10 October 2012 (“AGM”) at the Company’s registered office, 355 Kent Avenue, Ferndale, Randburg, 2194 to transact the business as stated in the notice of the Annual General Meeting (the “Notice”) posted to shareholders today. The Notice contains clear instructions on how to access the Annual Report on the Company’s website and in addition includes a compact disc containing the consolidated annual financial statements of the Company. Shareholders are further alerted to the Addendum included in the Notice which supplements the Notice posted today, 31 August 2012. BY ORDER OF THE BOARD 31 August 2012 Johannesburg Designated Advisor Grindrod Bank Limited Date: 31/08/2012 05:44:00 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.