COMBINED MOTOR HOLDINGS LIMITED - Results of the Pro Forma Repurchase

Results of the Pro Forma Repurchase

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")


RESULTS OF THE PRO RATA REPURCHASE BY THE COMPANY OF 21 133 000 ISSUED SHARES (“Share Repurchase”)

Further to the announcement of 15 June 2015 which, inter alia, confirmed the implementation of the
Share Repurchase and the opening and closing dates thereof, the following is the result of the Share
Repurchase which closed at 12:00 on Friday, 3 July 2015.

A total of 23 372 305 shares were tendered by shareholders for repurchase in terms of the Share
Repurchase (“Total Tendered Shares”). As the Total Tendered Shares exceeded the maximum of
21 133 000 comprising the Share Repurchase, the number of shares repurchased from each
individual shareholder who so tendered has been determined based on the formula as is set out in the
circular to shareholders dated 30 April 2015, with the result that each shareholder tendering was
satisfied as to between 89.5% and 100.0% of the shares tendered. The percentage varies amongst
shareholders because of the rounding of shares to the nearest multiple of 50 shares.

As the Share Repurchase is now completed, a total of 21 133 000 shares will be cancelled as to
issued shares and the listing thereof on the JSE terminated with effect from the commencement of
trade on the JSE on Tuesday, 7 July 2015.


Durban
6 July 2015

Sponsor
PricewaterhouseCoopers Corporate Finance (Pty) Ltd

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