Disclosure of changes in the holding of Montauk Shares MONTAUK HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2010/17811/06) (Previously HCI International Holdings Limited and Elgabrite Proprietary Limited) Share code: MNK ISIN: ZAE000197455 (“Montauk” or “the Company”) DISCLOSURE OF CHANGES IN THE HOLDING OF MONTAUK SHARES In accordance with the JSE Limited Listings Requirements and Section 122(1) of the Companies Act, 2008, shareholders are advised that the company has received notification of the following changes in shareholding: - Majorshelf 183 Proprietary Limited has notified the Company that it has acquired an additional 8.21% beneficial interest in the Company, which has increased its beneficial interest in Montauk from 1.20% to 9.41%; and - Circumference Investments Proprietary Limited has notified the Company that it has acquired an additional 9.46% beneficial interest in the Company, which has increased its beneficial interest in Montauk from 1.10% to 10.56%; and - Nport Investments Holdings Proprietary Limited has notified the Company that it has acquired an additional 5.44% beneficial interest in the Company, which has increased its beneficial interest in Montauk from 0.00% to 5.44%; and - Rivetprops 47 Proprietary Limited has notified the Company that it has acquired an additional 15.06% beneficial interest in the Company, which has increased its beneficial interest in Montauk from 3.62% to 18.68%. Cape Town 05 June 2015 Sponsor: Investec Bank Limited Date: 05/06/2015 02:30:00 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.