Interim period adjustment CONVERGENET HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/015580/06) Share code: CVN ISIN: ZAE000102067 (“ConvergeNet” or “the Company”) INTERIM PERIOD ADJUSTMENT In terms of the JSE Limited Listings Requirements, companies are required to publish an announcement to the Company’s shareholders and the public of any information which may have a material effect on the financial results of the Company and its material subsidiaries. Accordingly, the Company wishes to advise that it has under provided for taxation primarily as the result of an error made in its judgement on the deductibility of the loss suffered on a financial guarantee given. It was concluded that this loss was of a capital nature. An adjustment is required to be made to the Company’s interim results for the six months ended 28 February 2013 which unaudited results were published on the Stock Exchange News Service (“SENS”) on 26 April 2013. The adjustment in relation to the unaudited results for the 6 month period ended 28 February 2013 is an increase in loss after tax in the amount of R4 119 000. This adjustment accordingly gives rise to an increase in loss per share and headline loss per share by 0.37 cents to 2.34 cents and by 0.36 cents to 2.06 cents respectively. Net asset value per share and net tangible asset value per share will decrease by 0.3 cents per share to 41.8 and 22.6 cents per share respectively. Centurion 5 September 2013 Sponsors Deloitte & Touche Sponsor Services (Pty) Ltd (Registration number 1996/000034/07) Date: 05/09/2013 11:16:00 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.