Update in respect of the name change CONVERGENET HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/015580/06) Share code: CVN ISIN: ZAE000182440 (“ConvergeNet” the “Company”) UPDATE IN RESPECT OF THE NAME CHANGE Shareholders are referred to the announcement released on SENS on 16 January 2015 (the "Announcement") which advised shareholders that, inter alia, the special resolutions to approve the name change of the Company from “ConvergeNet Holdings Limited” to “Stellar Capital Partners Limited” (the “Special Resolutions”), as detailed in the circular to ConvergeNet shareholders dated 15 December 2014 were passed at the general meeting of ConvergeNet shareholders on the same day. Shareholders are advised that the Special Resolutions have not yet been registered with CIPC due to delays experienced at CIPC’s offices. The dates in the Announcement are therefore no longer applicable. The Company will keep shareholders informed of progress in this regard and a detailed Finalisation Announcement containing an updated timetable will be released on SENS and published in the press as soon as the registration of the Special Resolutions has taken place. Rosebank, Johannesburg 6 March 2015 Corporate Adviser and Sponsor: AfrAsia Corporate Finance Proprietary Limited Date: 06/03/2015 12:39:00 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.