BASIL READ HOLDINGS LIMITED - Results of General Meeting

Results of General Meeting

Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company")


RESULTS OF GENERAL MEETING

Basil Read shareholders are referred to the circular dated Friday, 8 February 2013,
regarding the agreement dated 23 October 2012 entered into between Basil Read and
WorleyParsons RSA (Pty) Ltd (“WorleyParsons SA”), a subsidiary of WorleyParsons Ltd
(“WorleyParsons”), whereby WorleyParsons SA will acquire the entire issued share capital
held by Basil Read in TWP Holdings (Pty) Ltd (“TWP”), for a cash consideration of ZAR900
million (“Purchase Consideration”), hereinafter the “Proposed Transaction” and are
advised that all the ordinary resolutions to effect the Proposed Transaction were approved
by the requisite majority of shareholders present and represented at the general meeting of
shareholders held at the registered office of Basil Read, being The Basil Read Campus, 7
Romeo Street, Hughes Extension, Boksburg 1459, today, Friday, 8 March 2013.

As all the remaining outstanding conditions precedent have now been fulfilled the Proposed
Transaction is unconditional.

Johannesburg
8 March 2013

For further information please contact:

Marius Heyns
Chief Executive Officer: Basil Read
Office: +27 11 418 6300

Financial Adviser, JSE Transaction Sponsor and JSE Sponsor
Macquarie First South Capital (Pty) Limited

Legal advisers
Werksmans Attorneys

Investor Relations Advisers
College Hill (Pty) Limited

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