Disclosure of acquisition and disposal of securities in terms of section 122 CONVERGENET HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/015580/06) Share code: CVN ISIN: ZAE000182440 (the “Company”) DISCLOSURE OF THE ACQUISITION AND DISPOSAL OF SECURITIES IN TERMS OF SECTION 122 In accordance with section 122 (3)(b) of the Companies Act No. 71 of 2008, as amended (“Companies Act”), and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that the Company has received formal notification of the following: - Dale International Trust Company Limited, as trustees of the Salty Portfolio Trust (“Salty”), have acquired a beneficial interest in the ordinary shares of the Company, such that the total interest in the ordinary shares of the Company held by Salty amounts to 14% of the total issued share capital of the Company; and - Fahnsworth Consultants Limited (“Fahnsworth”) has disposed of its beneficial interest in the ordinary shares of the Company, such that Fahnsworth no longer holds any interest in the issued share capital of the Company. As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Takeover Regulation Panel Johannesburg 15 September 2014 Corporate adviser and sponsor: AfrAsia Corporate Finance Proprietary Limited Date: 15/09/2014 05:10:00 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.