Notification in Terms of Section 122(3) of the Companies Act and Paragraph 3.83(b) of the Listings Requirements CONDUIT CAPITAL LIMITED Incorporated in the Republic of South Africa (Registration number 1998/017351/06) Share code: CND ISIN: ZAE000073128 (“Conduit Capital” or “the Company”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND PARAGRAPH 3.83(b) OF THE LISTINGS REQUIREMENTS OF JSE LIMITED In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008) (“Companies Act”) as amended and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are advised that Conduit Capital has received notification in terms of section 122(1) of the Companies Act that: - Jason D Druian has disposed of a beneficial interest in the securities of the Company, such that his entire remaining beneficial interest amounts to 0.03% of the total number of securities in issue; and - Mind Field Investments Proprietary Limited has disposed of its entire beneficial interest in the securities of the Company, such that it has no remaining beneficial interest in the securities of the Company. As required in terms of section 122(3)(a) of the Companies Act, Conduit Capital has filed the required notices with the Takeover Regulation Panel. Johannesburg 1 April 2015 Sponsor Merchantec Capital Date: 01/04/2015 01:55:00 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.