Voluntary announcement regarding the proposed acquisition by Bidvest of Brandcorp Holdings (Pty) Ltd THE BIDVEST GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1946/021180/06) (Share code: BVT) (ISIN: ZAE000117321) (“Bidvest”) VOLUNTARY ANNOUNCEMENT REGARDING THE PROPOSED ACQUISITION BY BIDVEST OF BRANDCORP HOLDINGS (PROPRIETARY) LIMITED The Board of Directors of Bidvest is pleased to announce that it has entered into an agreement in terms of which Bidvest will, subject to the fulfilment of certain conditions precedent by June 30 2013, acquire the entire issued share capital of Brandcorp Holdings (Proprietary) Limited (“Brandcorp”) for an undisclosed amount (“the Brandcorp Acquisition”). Brandcorp is currently controlled by Ethos Private Equity. The current Brandcorp management team will remain in place. The Brandcorp Acquisition is not a categorised transaction in terms of the Listings Requirements of the JSE Limited and although accretive is not expected to have a material effect on Bidvest’s financial results for the year ending June 30 2013. A further announcement regarding the fulfilment of the conditions precedent will be made as and when appropriate. Johannesburg December 3 2012 Financial Advisor and Sponsor to Bidvest - Investec Bank Limited Legal Advisor to Bidvest - Edward Nathan Sonnenbergs Legal Advisor to the Sellers - Webber Wentzel Date: 03/12/2012 03:15:00 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.