Acquisition of an additional interest in Beige subsidiary Herbal and Homeopathic (Pty) Ltd BEIGE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/006871/06) (“Beige” or “the Company”) ISIN Code: ZAE000034161 Share code: BEG ACQUISITION OF AN ADDITIONAL INTEREST IN BEIGE SUBSIDIARY HERBAL AND HOMEOPATHIC PROPRIETARY LIMITED (“H&H”) 1. INTRODUCTION Shareholders are advised that Beige has acquired an additional 2 797 ordinary shares (7.19%)(“acquisition shares”) in its subsidiary, H&H, from Mr Gerhard Kerschbaumer (“vendor”) for an acquisition price of R619 354.33 (“acquisition”). The acquisition, the effective date of which was 30 June 2014, has resulted in Beige increasing its shareholding in H&H from 61.41% to 68.60%. 2. BACKGROUND INFORMATION ON H&H H&H is a contract manufacturer and distributor of herbal, homeopathic, and neutraceutical products. The company, which is based in Cape Town, supplies complementary medicines and healthcare products to multi-national and local companies. 3. RATIONALE FOR THE ACQUISITION Beige acquired an initial interest in H&H with effect from 1 October 2009 in order to enable it to supply a greater range of products to its customer base and in line with its strategy of being the preferred contract manufacturer of home and personal care products in South Africa. The acquisition shares became available for purchase following a decision by the vendor to exit the company and offer his shares to the remaining shareholders in accordance with the pre-emptive rights provided for in the shareholders’ agreement. The board, being of the opinion that H&H remains an important part of the group’s strategy, resolved to purchase Beige’s pro rata entitlement of the vendor’s shares. 4. CONDITIONS PRECEDENT As Beige is already the majority shareholder in H&H, the acquisition was not subject to any suspensive conditions. 5. FINANCIAL EFFECTS AND RELATED PARTY REQUIREMENTS The acquisition has no significant effect on the value of the net assets or the profits attributable to the net assets of Beige. As Beige was a material shareholder in H&H and the vendor held a 10.1% interest in H&H prior to the acquisition, the acquisition is considered to be a related party transaction for purposes of the JSE Listings Requirements. However, as the acquisition price is less than 1% of Beige’s market capitalisation, neither a fairness opinion on nor shareholder approval of the acquisition is required. Johannesburg 2 July 2014 Designated Advisor Arcay Moela Sponsors Proprietary Limited Date: 02/07/2014 04:23:00 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.