Notice Of General Meeting SABVEST LIMITED (Incorporated in the Republic of South Africa) Registration number 1987/003753/06 ISIN: ZAE000006417 – ordinary shares ISIN: ZAE000012043 – “N” ordinary shares Share code: SBV – ordinary shares Share code: SVN – “N” ordinary shares (“Sabvest” or “the Company”) NOTICE OF GENERAL MEETING RELATING TO THE ADOPTION OF SABVEST’S INVESTMENT POLICY AND THE APPROVAL OF THE COMPANY’S NEW MEMORANDUM OF INCORPORATION Notice is hereby given that a general meeting of Sabvest shareholders will be held at 09h30 in the boardroom of the Company’s offices at 4 Commerce Square, 39 Rivonia Road, Sandhurst, 2196 on Wednesday, 12 December 2012 for the purposes of obtaining authority to adopt Sabvest’s Investment Policy and the Company’s new Memorandum of Incorporation (“MOI”). The resolutions primarily relate to the approval of the Memorandum of Incorporation of the Company, and the approval of the Investment Policy. A circular setting out, inter alia, the rationale for the adoption of Sabvest’s Investment Policy and approval of the new MOI will be posted to shareholders today, Wednesday, 14 November 2012 and will be available for inspection at the Company’s offices as set out above and on its website, www.sabvest.com until the date of the general meeting. The salient dates in respect of the general meeting, also contained in the circular, are as follows: 2012 Record date to determine which shareholders Friday, 9 November are entitled to receive the notice of general meeting Last day to trade in order to be eligible Friday, 30 November to attend and vote at the general meeting Record date to determine which shareholders Friday, 7 December are entitled to attend and vote at the general meeting If the vote is to be by way of show of Monday, 10 December hands, forms of proxy for the general meeting to be lodged by 09h30 on* If the vote is to be by way of poll, forms Tuesday, 11 December of proxy for the general meeting to be lodged by 09h30 on* General meeting of shareholders to be held Wednesday, 12 December at 09h30 on Results of general meeting announcement Wednesday, 12 December released on SENS on *any proxies not lodged by these times may be handed to the chairperson of the general meeting immediately prior to the general meeting. Sandhurst 14 November 2012 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Legal advisors Edward Nathan Sonnenbergs Inc. Date: 14/11/2012 10:40:00 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.