Results of Rights Offer GIJIMA GROUP LIMITED (Incorporated in South Africa) (Registration number 1998/021790/06) Share code: GIJ ISIN: ZAE000176533 (“Gijima”) Results of Rights Offer 1. Introduction Gijima Shareholders (“Shareholders”) are referred to the announcement released on the Stock Exchange News Services of the JSE Limited on 25 November 2014, wherein Shareholders were advised that Gijima has proposed a fully underwritten renounceable rights offer (“Rights Offer”) of 1 000 000 000 (one billion) new ordinary shares (“Rights Offer Share/s”) at a subscription price of 10 cents per Rights Offer Share in the ratio of 503.9867 Rights Offer Shares for every 100 ordinary shares (“Gijima Shares”) held in Gijima at the close of business on Friday, 5 December 2014 (“Record Date”). Guma Tech Proprietary Limited, Guma Tech Group Proprietary Limited, Guma Support Proprietary Limited, Guma Investment Holdings Proprietary Limited and Yebo Guma Investments Proprietary Limited (“the Guma Entities”), collectively owning 46.7% of the total Gijima Shares, have signed an irrevocable undertaking to follow their rights under the Rights Offer. The balance of the Rights Offer Shares, not subscribed for by Shareholders, has been fully underwritten by Guma ICT Proprietary Limited (“the Underwriter”), equating to 53.3% of the value of the Rights Offer. 2. Results of the Rights Offer The Rights Offer closed at 12h00 on Friday, 19 December 2014. The results of the Rights Offer are set out below: Number of Rights % of Rights Offer Shares Offer Shares Rights Offer Shares available for subscription 1 000 000 000 100 Rights Offer Shares subscribed for 498 619 863 49.86 Excess Rights Offer Shares applied for and allocated(1) 234 572 799 23.46 Rights Offer Shares to be allocated to the Underwriter 266 807 338 26.68 (1) Includes 232 988 230 excess Rights Offer Shares applied for and allocated to the Guma Entities collectively. 3. Issue of Rights Offer Shares Certificated Shareholders registered as such on the Record Date (or their renouncees) who validly subscribed for Rights Offer Shares, will have new share certificates in respect of the Rights Offer Shares to which they are entitled posted to them, at their own risk on Monday, 22 December 2014. Dematerialised Shareholders registered as such on the Record Date (or their renouncees), who validly subscribed for Rights Offer Shares, will have their accounts at their central securities depository participants (“CSDP”) or broker updated with the Rights Offer Shares to which they are entitled on Monday, 22 December 2014. 4. Excess Applications The excess Rights Offer Shares applied for have been allocated in full. Share certificates will be posted to holders of certificated Gijima Shares, who have been allocated excess Right Offer Shares on or about Wednesday, 24 December 2014. The CSDP or broker account of holders of dematerialised Gijima Shares, who have been allocated excess Rights Offer Shares, will be credited with the excess Rights Offer Shares on or about Wednesday, 24 December 2014. Centurion 22 December 2014 Sponsor PricewaterhouseCoopers Corporate Finance Proprietary Limited Legal adviser Webber Wentzel Underwriter Guma ICT Proprietary Limited Date: 22/12/2014 05:00:00 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.