Update On Clover S.A. Acquisition Of The Real Juice Co. From Avi Limited CLOVER INDUSTRIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2003/030429/06) Ordinary Share code: CLR ISIN: ZAE000152377 Preference Share Code: CLRP ISIN: ZAE000152385 (“the Company" or “Clover”) UPDATE ON CLOVER S.A. ACQUISITION OF THE REAL JUICE CO. FROM AVI LIMITED Shareholders are referred to the SENS announcement dated 31 May 2012, informing the market that Clover S.A. Proprietary Limited (a wholly owned subsidiary of the Company) has entered into an agreement in terms of which Clover will acquire 100% of the equity in and shareholders’ loans against The Real Juice Co Holdings (Pty) Ltd (“RJC”) from AVI Limited for a purchase consideration of R60 million (“the transaction”). Shareholders are informed that all outstanding conditions precedent have been fulfilled and that accordingly the effective date for the transaction will be 1 October 2012. Johann Vorster, Clover’s Chief Executive, commented: “This acquisition is in line with our strategy to take advantage of our low gearing and strong cash generation to expand Clover’s portfolio of value added and branded beverages products. “RJC enjoys strong brand recognition in the Cape region and we believe that efficiencies can be unlocked through Clover’s extensive sales and distribution network." Johannesburg 5 September 2012 ENQUIRIES Clover Industries Limited +27 (0) 11 471 1702 Johann Vorster – Chief Executive +27 (0) 82 462 0083 Manie Roode – Deputy Chief Executive +27 (0) 82 466 7848 College Hill +27 (0) 11 447 3030 Morné Reinders +27 (0) 82 815 1844 Frédéric Cornet +27 (0) 83 307 8286 Sponsor RAND MERCHANT BANK (a division of FirstRand Bank Limited) Date: 05/09/2012 10:01:00 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.