Incurring Debt SOUTHERN VIEW FINANCE LTD (Incorporated in Bermuda) (Registration number 47305) Class A share codes: BSX: SVF.BH JSE: SVF ISIN BMG 829251013 Class B share codes: BSX: SVFB.BH JSE: SVFB ISIN: BMG 829251195 (“SVF” or “the Company”) INCURRING OF DEBT In accordance with the requirements of the Bermuda Stock Exchange (“BSX”) listing regulations, the Company hereby announces that its subsidiary, Southern View Finance UK Limited (“SVF UK”) has concluded a loan agreement with Firstrand Bank Limited (acting through its London branch) (“Firstrand”) in terms of which Firstrand has agreed to advance an amount of US$30,000,000 (thirty million US dollars) (the “Loan”) to SVF UK, which amount exceeds 20% of the book value of the consolidated net tangible assets of SVF and its subsidiaries. The Loan is interest bearing and is repayable on or before 30 September 2014. Brait Mauritius Limited, a significant shareholder of the Company, has guaranteed the Loan. The proceeds from the loan will be utilised, amongst other things, for the conduct of SVF UK’s business and general corporate purposes. SVF has a primary listing on the BSX and a secondary listing on the JSE Limited’s Alternative Exchange. 26 June 2014 Johannesburg / Hamilton JSE Sponsor: Bravura Capital (Proprietary) Limited BSX Sponsor: Global Custody and Clearing Limited SA Legal Advisor: Edward Nathan Sonnenbergs Incorporated Date: 26/06/2014 03:00:00 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.