Correction announcement REUNERT LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1913/004355/06 ISIN: ZAE000057428 Share code: RLO (“Reunert”) CORRECTION ANNOUNCEMENT Shareholders are referred to the announcement released on the Stock Exchange News Service on Monday, 14 April 2014 regarding the disposal by Nashua Mobile Pty Ltd (“Nashua Mobile”) of its MTN and Vodacom subscriber bases and cautionary announcement relating to its Cell C subscriber base (“the announcement”). Shareholders are advised that the announcement contained an error in relation to an intercompany dividend, received by Nashua Mobile, which was required to be eliminated on consolidation to correctly reflect the operating profit of Nashua Mobile. This error has no bearing on the transaction rationale, and reduces the effect of the transaction on earnings. The corrected pro-forma financial information is reflected below: Audited before the Pro forma after the Transaction Transaction Change (cents per share) (cents per share) (%) Basic earnings per share 587,8 1 524,3 159,3 Diluted basic earnings per share 582,3 1 509,5 159,2 Headline earnings per share 583,2 498,5 -14.5 Diluted headline earnings per share 577,7 493,7 -14,5 Normalised headline earnings per share 569,1 484,31 -14,9 All other information contained in the announcement is correct. Sandton 15 April 2014 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 15/04/2014 05:40:00 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.