Notice of legal proceedings by Ububele and nine subsidiaries UBUBELE HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/011074/06) Share code: UBU ISIN Code: ZAE000144739 (“Ububele” or “the Company”) NOTICE OF LEGAL PROCEEDINGS BY UBUBELE AND NINE SUBSIDIARIES 1. Shareholders are referred to previous SENS announcements concerning the business rescue proceedings in Ububele and in nine of its subsidiaries (“the Ububele Subsidiaries”), namely: 1.1. Yield Alfa Chemicals Proprietary Limited; 1.2. Enviro Crop Protection Proprietary Limited; 1.3. Yield Alfa Proprietary Limited; 1.4. R T Chemicals Proprietary Limited; 1.5. Yield Avello Proprietary Limited; 1.6. Ububele Agri Proprietary Limited; 1.7. Yield Chemical Group Proprietary Limited; 1.8. Yield WTP Proprietary Limited; and 1.9. Enviro Industries Proprietary Limited. 2. In terms of section 146 of the Companies Act 71 of 2008 (“the Act”), each holder of any issued security of a company is entitled to notice of each court proceeding relating to the business rescue. 3. Shareholders are therefore advised that the business rescue practitioners (“BRPs”) appointed in respect of Ububele and the Ububele Subsidiaries intend to make application to the High Court of South Africa (Western Cape Division, Cape Town) for an order extending the time periods prescribed for the publication of a business rescue plan in terms of section 150(5) of the Act. 4. The BRPs will also apply for an extension to the three- month time limit for business rescue proceedings as contemplated by section 132(3) of the Act. 5. The circumstances necessitating this application will appear from the founding affidavits of the BRPs. 6. The BRPs anticipate that the application will be filed on 10 September 2014 and heard on 12 September 2014. Once the application has been filed, it will be made available on the website www.tinyurl.com/mazars-ububele. Alternatively, you may request a copy by emailing k.vandepol@bowman.co.za. 7. Copies of any order granted in this matter, as well as all notices and announcements relating to the business rescue proceedings, will be made available on the website www.tinyurl.com/mazars-ububele. 9 September 2014 Cape Town Designated Adviser PSG Capital Date: 09/09/2014 04:15:00 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.