SUPER GROUP LIMITED - SG Fleet Proposed Initial Public Offering

SG Fleet Proposed Initial Public Offering

Super Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1943/016107/06)
Share code: SPG
ISIN: ZAE000161832
(“Super Group”)

This announcement is not for release, circulation or
distribution into Australia

SG Fleet Proposed Initial Public Offering

Super Group shareholders are referred to the announcement
released on the Stock Exchange News Service of the JSE Limited
on 27 January 2014 informing shareholders that SG Fleet was
considering a proposal to undertake an initial public offering
of ordinary shares (“Shares”) by way of an offer for sale of
existing Shares in SG Fleet Group Limited (“SG Fleet Group”) and
a listing of SG Fleet Group on the Australian Securities
Exchange (the “IPO”).

Super Group notes that today SG Fleet Group has filed a
prospectus in respect of the IPO (“Prospectus”) with the
Australian Securities & Investments Commission (“ASIC”). The
IPO has been underwritten at a fixed price of A$1.85 per Share,
subject to the terms of the underwriting agreement. This
implies a market capitalization of SG Fleet Group on listing of
A$449 million.

On completion of the IPO, Super Group will maintain a
controlling shareholding in SG Fleet Group of 50.6%. Funds
associated with CHAMP Ventures Pty Limited will exit their
approximately 42% minority shareholding in SG Fleet Group
through the IPO. Super Group remains committed to the long term
growth of the SG Fleet business and will be represented on the
board of SG Fleet by its CEO.

Shares of SG Fleet Group are expected to commence trading on the
Australian Securities Exchange on 4 March 2014, on a conditional
and deferred settlement basis.

This announcement is for information purposes only and does not
constitute an offer of Shares in SG Fleet Group or a prospectus
in respect of any such offer. The offers of Shares referred to
in this announcement will only be made in, or accompanied by, a
copy of the Prospectus. Potential investors should consider the
Prospectus in its entirety in deciding whether to acquire the
Shares and anyone wishing to acquire Shares will need to
complete the application form that will be in, or will
accompany, the Prospectus. A public offering of the Shares will
not be made in South Africa.


About SG Fleet

SG Fleet is one of Australia’s leading, specialist providers of
vehicle leasing and fleet management services, to corporate and
government customers, as well as salary packaged vehicles for
individual employees of those customers. SG Fleet also has a
presence in New Zealand and the United Kingdom.

This announcement is not for release, circulation or
distribution into Australia.


13 February 2014

Sponsor: Deutsche Securities (SA) Proprietary Limited

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