Posting of circular and notice of general meeting ROLFES HOLDINGS LIMITED Registration number 2000/002715/06 Share Code: RLF ISIN Code: ZAE000159836 (“Rolfes” or “the Group” or “the Company”) POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING Shareholders are referred to the announcement published on SENS on 15 July 2015, in which shareholders were advised that Rolfes entered into an agreement to acquire the entire issued share capital in, and all the shareholders’ loans against, Bragan Chemicals (“the Acquisition”) for a total purchase consideration of R213.1 million. In addition, shareholders were advised that Rolfes will issue: - 45 million new Rolfes shares to a 100% held subsidiary of existing Rolfes shareholder, Masimong Group Holdings Proprietary Limited, which is an associate of non-executive director Michael S Teke; and - 3.333 million new Rolfes shares to Eziko Investments (Proprietary) Limited , an associate of non- executive director Dinga Mncube. at an issue price of R3 per share, thereby raising R145 million (“the Share Placement”). Shareholders are advised that a circular regarding the Acquisition and the Share Placement was posted to shareholders today, 30 July 2015. The circular will also be made available on the company’s website hosted at www.rolfesza.net, as well as at the company’s business office at 404 Roan Crescent, Corporate Park North, Midrand, Gauteng. Notice of general meeting Incorporated in the circular is a notice in respect of a general meeting of Rolfes shareholders which will take place at 404 Roan Crescent, Corporate Park North, Midrand, Gauteng on Monday, 31 August 2015 at 10h00. The record date to determine which shareholders will be entitled to vote at the General Meeting will be Friday, 21 August 2015. Johannesburg 30 July 2015 Corporate Advisor and Sponsor to Rolfes: Grindrod Bank Limited Legal Advisor to Rolfes: ENSAfrica Date: 30/07/2015 11:39:00 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.