SENS Sekunjalo cleared by the Financial Services Board Sekunjalo Investments Limited (Incorporated in the Republic of South Africa) Registration number 1996/006093/06 Share code: SKJ ISIN: ZAE000017893 ("Sekunjalo" or “the Company”) SENS Sekunjalo cleared by the Financial Services Board Dear STAKEHOLDER, We refer to our previous SENS announcements dated 23 February 2012, 7 March 2012 and 15 March 2012, relating to, inter alia, a campaign by elements in the media, fuelled by Mr. Pieter van Dalen of the Democratic Alliance, to cast Sekunjalo in a negative light without any evidence to substantiate the accusations made. During March 2012, at which time Mr van Dalen’s campaign against Sekunjalo for its tender to the Department of Agriculture, Fisheries and Forestry had not attained its intended effect, he took it upon himself to report Sekunjalo to the JSE for, as he put it, “unethical manipulation of the share price” of Sekunjalo. In his letter to the JSE, Mr van Dalen offered no evidence of such conduct, save to say that he was told this and he has reason to believe it. No reasons were provided for this belief. As per the JSE’s protocol, the complaint was referred by the JSE to the Financial Services Board (“FSB”) for investigation. A full investigation was launched by the FSB and Sekunjalo offered its full cooperation to the FSB, at all times reaffirming that it had not done anything wrong and that it had nothing to hide. Sekunjalo is pleased to announce that the Head of Department of the Directorate of Market Abuse at the FSB has confirmed to Sekunjalo in a letter on 4 December 2012 that the investigation has been closed and that no legal action will be taken. Once again, Sekunjalo has exonerated itself from the baseless accusations being made against it. We trust that Mr. van Dalen will come forward and admit that he was wrong to accuse Sekunjalo without any evidence and to apologise to Sekunjalo, its directors, staff and stakeholders for any inconvenience caused. We also have no doubt that it behoves Mr. van Dalen as a representative of South Africans in parliament, to explain why he made such allegations with no evidence, other than hearsay, circumstantial evidence and innuendo. Sekunjalo has taken advice from its attorneys on the appropriate legal action to be taken against Mr van Dalen and will follow such advice should a public apology and explanation not be forthcoming from Mr. van Dalen. Cape Town 10 December 2012 Sponsor PSG Capital Date: 10/12/2012 03:25:00 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.