MURRAY & ROBERTS HOLDINGS LIMITED - Successful conclusion of the disposal of Hall Longmore

Successful conclusion of the disposal of Hall Longmore

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN Code: ZAE000073441
(“Group”)


SUCCESSFUL CONCLUSION OF THE DISPOSAL OF HALL LONGMORE

As previously referred to in the annual financial results and interim financial results
announcements released on the Stock Exchange News Service (“SENS”) of the JSE Limited
(“JSE”) on 28 August 2013 and 27 February 2014 respectively, shareholders are advised
that the Group has successfully concluded the disposal of Hall Longmore to undisclosed
buyers. The business’ fixed assets were disposed of at net book value and the working
capital will be realised by the Group over the next few months. All the conditions of the
transaction were met, including an approval from the Competition Commission.

This is not a categorised transaction in terms of section 9 of the JSE Listings Requirements.

Hall Longmore was the only remaining company to be disposed of in the original
Construction Products Africa operating platform. The majority of the businesses in the
Construction Products Africa platform were disposed of on 28 June 2013, which was also
communicated on SENS.

The Group is pleased with the outcome of the disposal and the value achieved.

Bedfordview
12 March 2014

Sponsor: Deutsche Securities (SA) Proprietary Limited

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