SOAPSTONE INVESTMENT LTD - Convertible bond price adjustment

Convertible bond price adjustment

Soapstone Investment Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/011940/06)
Soapstone stock code: DMCCB
ISIN: ZAE000180204
DiamondCorp share code: DMC
(“Soapstone Investments”)

ADJUSTMENT TO THE SOAPSTONE’S CONVERTIBLE BOND CONVERSION PRICE

Soapstone wishes to advise holders of the Soapstone Convertible Bond
(“the Bond”) that in terms of Condition 9.2 (a)(iv)(“Adjustment of
Conversion Price”) of the final offering circular dated 14 December
2012, the conversion price in relation to the Bond has been adjusted
as a result of additional shares being issued. The price has been
adjusted from ZAR 0.81 to ZAR 0.747.

08 April 2014

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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