Results of the Unconditional Mandatory Offer by Afrimat Limited to Infrasors Holdings Limited Minority Shareholders Afrimat Limited Incorporated in the Republic of South Africa (Registration number: 2006/022534/06) Share code: AFT ISIN: ZAE000086302 (“Afrimat” or “the Company”) RESULTS OF THE UNCONDITIONAL MANDATORY OFFER MADE BY AFRIMAT LIMITED TO INFRASORS HOLDINGS LIMITED MINORITY SHAREHOLDERS In an announcement published on the Securities Exchange News Service (“SENS”) of the JSE Limited (“JSE”) on 7 June 2013, shareholders of Infrasors were referred to the announcement released on SENS on 5 March 2013 and the unconditional mandatory offer circular posted on 22 April 2013, whereby Afrimat Limited (“Afrimat” or “the Offeror”) extended a mandatory offer to the remaining Infrasors shareholders to acquire the ordinary shares held by Infrasors shareholders other than Afrimat for a consideration of 35 cents per share (“the Initial Offer Consideration”) (the “Initial Offer”) and were notified that Afrimat has increased the offer consideration to 65 cents per ordinary share (“the Revised Offer Consideration”) (“the Revised Offer”). The aforementioned Unconditional Mandatory Offer closed at 12h00 on Friday, 5 July 2013 and shareholders are hereby advised that in terms of the Unconditional Mandatory Offer, Afrimat received acceptances from Infrasors ordinary shareholders holding 8 219 715 Infrasors ordinary shares, constituting approximately 4.5% of the issued ordinary shares in Infrasors. Prior to the Unconditional Mandatory Offer, Afrimat held, directly and indirectly, 94 171 108 Infrasors ordinary shares, constituting approximately 50.7% of the issued ordinary shares in Infrasors. As a result of the Unconditional Mandatory Offer, Afrimat has increased its shareholding in Infrasors to approximately 55.2% of the issued ordinary shares in Infrasors Further to the aforesaid acceptances from Infrasors ordinary shareholders, Afrimat acquired another 6 198 132 Infrasors ordinary shares in the open market at a value of 65 cents per share constituting approximately 3.3% of the issued ordinary shares in Infrasors. Therefore this brings Afrimat’s total shareholding in Infrasors to approximately 58.5% of the issue ordinary shares in Infrasors. Cape Town 8 July 2013 Sponsor and Corporate Advisor to Afrimat: Bridge Capital Advisors (Pty) Limited Date: 08/07/2013 04:00:00 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.