CONVERGENET HOLDINGS LIMITED - Posting of circular and notice of general meeting

Posting of circular and notice of general meeting

CONVERGENET HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/015580/06)
Share code: CVN ISIN: ZAE000102067
(“ConvergeNet” or “the Company”)

ANNOUNCEMENT REGARDING POSTING OF THE CIRCULAR AND NOTICE OF THE GENERAL MEETING

ConvergeNet shareholders are referred to the terms announcement released on SENS on Monday, 10
September 2012 and in the press on Tuesday, 11 September 2012 (“terms announcement”) and should note that
all terms defined in the terms announcement shall bear the same meaning in this announcement.

In the terms announcement, it was advised that ConvergeNet had entered into the Future Cell Sale Agreement
with Pepkor on 7 September 2012 for the sale of the Sale Shares and into the Titan Share Purchase Agreement
with Titan on 7 September 2012 to purchase the Purchase Shares.

A circular containing details of the Transactions, including, inter alia, a notice convening a General Meeting and
the form of proxy, was posted to shareholders today, Wednesday, 17 October 2012. The General Meeting of
ConvergeNet shareholders will be held at the Company’s business address office, 272 West Avenue, Lakefields
Office Park, Block D, 1st Floor, Centurion at 10h00 on Monday, 26 November 2012, to consider and, if deemed
fit, to pass, with or without modification, the special and ordinary resolutions.

The salient dates and times in relation to the General Meeting are as follows:

                                                                                                        2012
Record date, as determined by the Board in accordance with section 59 of the               Friday, 12 October
Act, for shareholders to be eligible to receive the Circular and notice of
General Meeting
Posting of the Circular                                                              Wednesday, 17 October
Last day to trade in order to be eligible to vote at the General Meeting                  Friday, 9 November
Record date to be eligible to vote at the General Meeting                               Friday, 16 November
Last day to lodge forms of proxy by 10h00 on                                         Thursday, 22 November
General Meeting to be held at 10h00 on                                                Monday, 26 November
Results of the General Meeting published on SENS                                      Monday, 26 November
Results of the General Meeting published in the press                                 Tuesday, 27 November
Expected date of Transactions to be unconditional                                       Friday, 30 November

Note: Shareholders will be notified of any amendments to the above dates or times on SENS and in the press.

Centurion
17 October 2012

Sponsor
Deloitte & Touche Sponsor Services Proprietary Limited

Corporate Adviser for ConvergeNet
AfrAsia Corporate Finance Proprietary Limited

Independent Reporting Accountants
BDO South Africa Inc

Independent Expert
BDO Corporate Finance (Pty) Limited

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