Finalisation Announcement Regarding The Share Repurchase By The CMH of a Miximum of 21 133 000 Issued Shares Combined Motor Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1965/000270/06) JSE share code: CMH ISIN number: ZAE000088050 ("CMH" or “the Company”) FINALISATION ANNOUNCEMENT REGARDING THE SHARE REPURCHASE BY THE COMPANY OF A MAXIMUM OF 21 133 000 ISSUED SHARES (“Share Repurchase”) 1. INTRODUCTION Shareholders of CMH (“Shareholders”) are referred to the announcement dated 28 April 2015, whereby it was announced that the Company intends making the Share Repurchase by means of an offer to all Shareholders to voluntarily tender for repurchase at R11,83 per share in cash (“Share Repurchase Offer Consideration”) all, or a portion only, of their holding of ordinary shares (“Shares”) in the Company (“Share Repurchase Offer”). As further reported in the announcement of 29 May 2015, both resolutions to give effect to the Share Repurchase Offer, as contained in the circular sent to Shareholders dated 30 April 2015 (“the Circular”), were duly approved by the requisite majority of votes. 2. CONDITIONS PRECEDENT AND FINALISATION DATES Shareholders are advised that following the receipt of the compliance certificate from the Takeover Regulation Panel in terms of section 119(4)(b) of the Companies Act No. 71 of 2008 in respect of the Share Repurchase Offer, all outstanding conditions precedent as contained in the Circular have now been fulfilled. Shareholders are reminded of the remaining important dates and times pertinent to the Share Repurchase Offer: Action 2015 Share Repurchase Offer last day to trade in Shares in order to be registered as a Shareholder in the Register of the Company at the Share Repurchase Offer record date Friday, 26 June Shares trade “ex” the right to participate in the Share Repurchase Offer Monday, 29 June Share Repurchase Offer record date being the date by which a Shareholder must be recorded as such in the Register of the Company in order to be entitled to participate in the Share Repurchase Offer, on Friday, 3 July Share Repurchase Offer closing date being the date for the closing of the Share Repurchase Offer at 12:00, on Friday, 3 July Share Repurchase Offer payment date being the date for the settling of the Share Repurchase Offer Consideration, on or about Monday, 6 July Expected date for the delisting from the JSE of the Shares repurchased in terms of the Share Repurchase Offer, from the commencement of trading on the JSE, on or about Tuesday, 7 July 3. FURTHER ANNOUNCEMENT An announcement will be made on or about 6 July 2015 reporting on the results of the Share Repurchase Offer. Durban 15 June 2015 Sponsor and Corporate Advisor Independent Expert Independent Reporting PricewaterhouseCoopers Corporate BDO Corporate Finance Accountants and Auditors Finance (Proprietary) Limited Proprietary Limited PricewaterhouseCoopers Inc. Date: 15/06/2015 07:05:00 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.