Voluntary Announcement in respect of a potential offer BONATLA PROPERTY HOLDINGS LIMITED (Registration number 1996/014533/06) Share code: BNT ISIN: ZAE000013694 (”Bonatla” or “the Company”) VOLUNTARY ANNOUNCEMENT IN RESPECT OF A POTENTIAL OFFER Shareholders are advised that the Board of Directors have received a conditional offer from Fastpace (HK) Limited (“Fastpace”) for the acquisition of all the shares in Bonatla by way of a share-for-share transaction equating to ZAR 0.50 (fifty cents) per Bonatla share. This offer, which details certain conditions, is subject to a 15 day limited due diligence review and accordingly is not a firm intention announcement. The offer is required to be accepted by 5 May 2014 and all of the Bonatla directors have indicated that they are in favour of the offer. Certain of the larger shareholders represented on the board of Bonatla are by implication supportive of the offer. Fastpace is an investment and development company involved in projects situated in Asia, Africa and the European Union, exceeding USD 300 million. Fastpace intends listing on either the Alternative Investment Market (“AIM”) in London and/or the Hong Kong Stock Exchange within the next three to four months. Further details will be announced following the completion of the limited due diligence process. By order of the board 2 May 2014 Sponsor Arcay Moela Sponsors Proprietary Limited Date: 02/05/2014 05:50:00 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.