Disclosure Of Acquisition And Disposal Of Securities In Terms Of Section 122 Of The Companies Act CAPEVIN HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1997/020857/06) JSE share code: CVH ISIN: ZAE000167714 (“Capevin” or “the Company”) DISCLOSURE OF ACQUISITION AND DISPOSAL OF SECURITIES IN TERMS OF SECTION 122 OF THE COMPANIES ACT In accordance with section 122 (3)(b) of the Companies Act, No. 71 of 2008 and in accordance with paragraph 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Capevin has received notification of the following transactions: (a) Zeder Investments Limited, through its wholly owned subsidiary Zeder Financial Services Limited (“Zeder”), has disposed of a beneficial interest in the securities of the Company to the parties referred to in paragraph (b) and (c) below, such that the total interest in the securities of the Company held by Zeder now amounts to approximately 5.28% of the total issued share capital of the Company. Zeder is an investment holding company that mainly invests in beverage and agricultural companies, where Zeder can directly or indirectly add value. Zeder advised the market that given the aforegoing and that it cannot add meaningful value at a Distell level, Zeder has decided to dispose of part of its investment and utilise the proceeds in existing and/or new companies where Zeder can play a more meaningful role; (b) the clients of Allan Gray (“Allan Gray”) have in aggregate acquired a beneficial interest in the securities of the Company, such that the total interest in the securities of the Company held by Allan Gray’s clients now amounts to approximately 16.01% of the total issued share capital of the Company; and (c) Coronation Fund Managers (“Coronation”) has acquired a beneficial interest in the securities of the Company, such that the total interest in the securities of the Company held by Coronation on a similar basis now amounts to approximately 17.57% of the total issued share capital of the Company. The Company has been advised that both Allan Gray and Coronation hold the securities as the investment managers on behalf of various clients and/or portfolios. Stellenbosch 15 February 2013 Sponsor: PSG Capital Date: 15/02/2013 04:43:00 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.