Results of the general and annual general meetings of Ububele and appointment to the board of directors Ububele Holdings Limited Incorporated in the Republic of South Africa (Registration number: 1998/011074/06) Share code: UBU ISIN Code: ZAE000140182 (“Ububele” or “the Company”) RESULTS OF THE GENERAL AND ANNUAL GENERAL MEETINGS OF UBUBELE AND APPOINTMENT TO THE BOARD OF DIRECTORS General Meeting The Company is pleased to announce that at the general meeting of shareholders of Ububele held Thursday, 29 November 2012, all of the ordinary and special resolutions, tabled in the notice of general meeting, were passed by the requisite majority of shareholders. Annual General Meeting Shareholders are further advised that, at the annual general meeting of shareholders of Ububele also held Thursday, 29 November 2012, all of the proposed ordinary and special resolutions tabled in the notice of annual general meeting posted to shareholders, were approved by the requisite majority shareholders. APPOINTMENT TO THE BOARD OF DIRECTORS In accordance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Mr Leonaro Nicolo Altini (“Leonardo”) has been appointed as a non-executive director of the Company with immediate effect. Leonardo is a CA (SA) and completed his articles with KPMG Inc. in 2008. He worked as a manager in KPMG’s financial services’ banking division from 2008 until 2011 with main responsibilities for audits of several of SA’s top banks. He left KPMG in 2011, to become one of the founding members of the private investment company, Miramare Investments (Pty) Ltd. The board welcomes the appointment of Leonardo and looks forward to his contributions. 30 November 2012 Designated Adviser PSG Capital (Pty) Limited Date: 30/11/2012 09:59:00 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.