No change statement, notice of annual general meeting and memorandum to Delta EMD shareholders Delta EMD Limited (Incorporated in the Republic of South Africa) (Registration number 1919/006020/06) Share code: DTA ISIN: ZAE000132817 ("Delta EMD" or "the Company") NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND MEMORANDUM TO DELTA EMD SHAREHOLDERS No change statement Shareholders are advised that the annual financial statements for the year ending 27 December 2013, were distributed to shareholders on 4 April 2014 and contain no modifications to the audited results which were published on SENS on 10 February 2014. Notice of the annual general meeting Notice is hereby given that the ninety-seventh annual general meeting of shareholders will be held in the Kensington Gardens Conference Room, Southern Sun Hyde Park, 1st Road Hyde Park, Sandton on Friday, 9 May 2014, at 11:00 to transact the business as stated in the annual general meeting notice forming part of the annual integrated report. Salient dates The notice of the Company's ninety-seventh annual general meeting has been sent to shareholders who were recorded as such in the Company's securities register on 28 March 2014 being the notice record date on which shareholders are entitled to receive notice of the annual general meeting. Last day to trade in order to be eligible to Wednesday, 23 April 2014 attend and vote at the annual general meeting Record date to determine which shareholders Friday, 2 May 2014 are entitled to attend and vote at the annual general meeting Forms of proxy for the annual general Wednesday, 7 May 2014 meeting to be lodged by 11:00 on* *Any proxies not lodged by this time must be handed to the chairperson of the annual general meeting immediately prior to the annual general meeting. Memorandum to shareholders A memorandum was distributed to shareholders on 4th April 2014 together with the notice of annual general meeting ("the Memorandum"). This Memorandum contains a summary of the background information and key factors, circumstances and analyses relied on by the Board for the decision taken on 3 March 2014 that, subject to approval by shareholders by way of a resolution adopted with the support of more than 50% of the voting rights exercised on the resolution, Delta EMD will discontinue its business during 2014 and realise value for its assets during 2014 and 2015, all in compliance with applicable statutory and regulatory requirements. Shareholders should have regard to the contents of this Memorandum when they exercise their vote on the shareholders' resolution to approve the decision to discontinue the business and realise value for assets proposed in paragraph 3 of the notice of the annual general meeting. Nelspruit 4 April 2014 Sponsor: RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 04/04/2014 08:30:00 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.