FONEWORX HOLDINGS LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

FoneWorx Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 1997/010640/06)
Share code: FWX ISIN: ZAE000086237
(“FoneWorx”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Further to the cautionary announcement dated 12 July 2012, and the subsequent renewal of
cautionary announcements, the last of which was contained in the terms announcement dated
6 December 2012, shareholders are advised to continue exercising caution when dealing in
FoneWorx’ securities until a further announcement, incorporating the pro forma financial effects of the
acquisition of Value+ Nettwork Proprietary Limited, is made.

Shareholders are further advised that positive progress has been made towards fulfilling the
conditions precedent in respect of the acquisition.


Johannesburg
23 January 2013

Corporate and Designated Adviser
Merchantec Capital

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