Pro Active Monitoring of Annual Financial Statements ARB HOLDINGS LIMITED (Registration number: 1986/002975/06) Share code: ARH ISIN: ZAE000109435 (“ARB” or “the Company” or “the Group”) PRO ACTIVE MONITORING OF ANNUAL FINANCIAL STATEMENTS Arising from the JSE Limited (“JSE”) pro-active monitoring of financial statements, the directors wish to inform shareholders that corrective disclosure is required in respect of other comprehensive income relating to the revaluation of property plant and equipment and the deferred taxation thereon. This announcement has no effect on the reported Earnings per Share or Headline Earnings per Share for the periods ended 30 June 2014 and 30 June 2013. As a result of the pro-active monitoring of annual financial statements by the JSE, the company has clarified the components of the comprehensive income and the related deferred tax charge: 2014 2013 R000’s R000’s Revaluation of land 5 498 4 661 Revaluation of buildings (6 846) 3 997 Total revaluation (1 348) 8 658 Taxation On revaluation of land (1 025) (870) On revaluation of buildings 1 916 (1 119) Change in tax rate on revaluation of land - 4 259 Total tax reversal (charge) 891 2 270 Revaluation of property, plant and equipment (net of taxation) (457) 10 928 Durban 12 December 2014 Sponsor Grindrod Bank Limited Date: 12/12/2014 09:05:00 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.