RAUBEX GROUP LIMITED - Acquisitions of Shisalanga Construction and of the operations of Oranje Mynbou en Vervoer

Acquisitions of Shisalanga Construction and of the operations of Oranje Mynbou en Vervoer

RAUBEX GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2006/023666/06)
JSE Share code: RBX
ISIN: ZAE000093183
(“Raubex” or the “Company”)


ACQUISITIONS OF SHISALANGA CONSTRUCTION (PTY) LTD (“SHISALANGA”) AND OF
THE OPERATIONS OF ORANJE MYNBOU EN VERVOER MAATSKAPPY (PTY) LTD (“OMV”)

Shareholders are advised that Raubex has acquired 60% of the issued shares of Shisalanga for a
purchase price of R38,4 million to be settled in cash. Shisalanga manufactures a range of asphalt
products from its plants based in Northern Kwazulu Natal. All the necessary regulatory approvals have
been received and the acquisition is effective from 1 June 2014.

Shareholders are further advised that Raubex has acquired a 70% interest in OMV’s aggregate
crushing and ready-mix concrete operations situated near Stilfontein and a 70% interest in OMV’s
gypsum operations situated near Potchefstroom in the North West Province for a purchase price of
R70,3 million to be settled in cash. All the necessary regulatory approvals have been received and the
acquisition is to be effective from 1 July 2014.

Commenting on the acquisitions, Rudolf Fourie, Raubex CEO, said: “These acquisitions are in line with
Raubex’s strategy to reinforce its vertically integrated model and are a good cultural fit for the Group.
They will extend our asphalt presence into northern Kwazulu Natal whilst providing Raumix with a
footprint in the North West and northern Free State provinces.”

“Our strong balance sheet and cash position allows us to continue to explore further earnings
enhancing acquisitions and strengthen our vertically integrated model.”


Johannesburg
18 June 2014

Sponsor
Investec Bank Limited

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