GLOBAL ASSET MANAGEMENT LTD - Disclosure of the Acquisition and Disposal of Securities in terms of S122(3)(b) of the Companies Act 71 of 2008

Disclosure of the Acquisition and Disposal of Securities in terms of S122(3)(b) of the Companies Act 71 of 2008

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”)


DISCLOSURE OF THE ACQUISITION AND DISPOSAL OF SECURITIES IN
TERMS OF SECTION 122(3)(b) OF THE COMPANIES ACT 71 OF 2008


In terms of the relevant requirements of the Companies Act 71 of 2008, Global
advises that Kutana Investments Group Limited (“Kutana”) has sold 6.11% of the
securities of the company on 16 August 2013 to Insure Group Managers
Proprietary Limited (“Insure”). The Company has requested the necessary
notification from Kutana but has not received the Form 121.1 declaration. It has
duly notified the Takeover Regulation Panel (“TRP”).

Similarly, Insure provided the required notification to the Company that pursuant
to the acquisition of the above shares, it now holds 23.25% of the Company’s
securities, which notification has been provided to the TRP.

Johannesburg
27 August 2013

Designated Advisor
Arcay Moela Sponsors Proprietary Limited
(Registration number 2006/033725/07)

Date: 27/08/2013 04:14:00 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.