Change in directors indirect shareholding in Global GLOBAL ASSET MANAGEMENT LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2002/003192/06) Share Code: GAM ISIN: ZAE000173498 ("Global " or “the Company”) CHANGE IN DIRECTORS INDIRECT SHAREHOLDING IN GLOBAL Shareholders are advised that Insure Group Managers Proprietary Limited (“Insure”) has acquired 2 137 150 shares in Global at R2.00 per share. This acquisition has had an effect on the indirect shareholding of directors of Global. In compliance with rules 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed. Name of director: N Penzhorn Name of company: Global Date of transaction: 15 August 2013 Class of securities: Ordinary shares Number of securities: 259 056 Purchase price: R2.00 per share Total value of transaction: R518 112.00 Nature of transaction: Indirect purchase of shares through investment in Inshare Proprietary Limited, the holding company of Insure Nature of interest: Indirect beneficial Extent of interest: 0.74% Nature of trade: Off market Clearance obtained: Yes Name of director: MCC van Ettinger Name of company: Global Date of transaction: 15 August 2013 Class of securities: Ordinary shares Number of securities: 287 214 Purchase price: R2.00 per share Total value of transaction: R574 428.00 Nature of transaction: Indirect purchase of shares through investment in Inshare Proprietary Limited, the holding company of Insure Nature of interest: Indirect beneficial Extent of interest: 0.82% Nature of trade: Off market Clearance obtained: Yes Johannesburg 16 August 2013 Designated Advisor Arcay Moela Sponsors Proprietary Limited (Registration number 2006/033725/07) Date: 16/08/2013 04:57:00 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.