Closing of the MTO Transaction Metair Investments Limited (Incorporated in the Republic of South Africa) Registration number 1948/031013/06 Share code: MTA ISIN: ZAE000090692 (“Metair”) CLOSING OF THE MTO TRANSACTION Shareholders of Metair (“Shareholders”) are referred to the following announcements released on the Stock Exchange News Service (“SENS”) on: - 19 December 2013 pertaining to Metair’s application (acting through its subsidiary Metair Aku Holding A.S), in terms of Turkish regulations, to the Capital Markets Board of Turkey (“CMB”) in respect of a mandatory tender offer (“MTO”) to the minority shareholders of Mutlu Aku ve Malzemeleri Sanayii Anonim Sirketi ("Mutlu Aku") (“MTO Transaction”); - 10 February 2014 pertaining to the CMB’s approval of the MTO Transaction; - 12 February 2014 pertaining to Metair’s launch of the MTO Transaction; and - 19 February, 26 February and 5 March 2014 providing Shareholders with updates regarding the progress of the MTO. Shareholders are hereby notified that: - following the most recent SENS announcement of 5 March 2014, there has been an incremental uptake of TL 2,936,473.00 of the nominal share capital of Mutlu Aku which constitutes an increase of 5.18% of the total outstanding share capital; - after being open for acceptances for a period of twenty business days, the MTO closed yesterday, 11 March 2014; - during the period of the MTO, acceptances were received from minority shareholders of Mutlu Aku holding 21.43% of the total outstanding share capital, representing 85.72% of the total shares in Mutlu Aku not held by Metair at the commencement of the MTO; and - following the close of the MTO, Metair’s equity interest in Mutlu Aku has increased to 96.43%. Johannesburg 12 March 2014 Financial advisor to Metair: Absa Bank Limited (acting through its Corporate and Investment Banking Division) and Barclays Bank PLC (acting through its investment bank) Sole bookrunner, sole debt advisor and transaction sponsor to Metair: Absa Bank Limited (acting through its Corporate and Investment Banking Division) Independent Sponsor to Metair: One Capital South African corporate law advisors to Metair: Taback and Associates (Pty) Ltd Independent reporting accountants: PricewaterhouseCoopers Inc. Turkish legal advisors to Metair: Taboglu & Demirhan Attorneys at Law Legal advisors to Absa Bank Limited and Barclays Bank PLC: Bowman Gilfillan Inc. Date: 12/03/2014 12:57:00 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.