Declaration Of Cash Dividend – Approval Of Share Premium Reduction SOUTHERN VIEW FINANCE LIMITED (Incorporated in Bermuda with registration number 47305) Class A share codes: BSX: SVF.BH JSE: SVF ISIN: BMG829251013 Class B share codes: BSX: SVFB.BH JSE: SVFB ISIN: BMG829251195 ("SVF" or "the Company") DECLARATION OF CASH DIVIDEND – APPROVAL OF SHARE PREMIUM REDUCTION Shareholders are referred to the announcement issued by SVF on 17 September 2015 (“17 September Announcement”) regarding the declaration and payment of a cash dividend to Class A shareholders and Class B shareholders, respectively. SVF confirms that Class A shareholders holding more than 50% of the Class A shares and Class B shareholders holding more than 50% of the Class B shares of SVF have voted in favour of a resolution to reduce SVF’s share premium account by an amount of R37,000,000 and immediately thereafter to transfer such amount to the credit of SVF’s contributed surplus account. Subsequent to the aforesaid reduction, SVF’s share premium account shall be an amount of ZAR1,291,532,183. In the circumstances, SVF confirms that the dividend referred to in paragraph 1(a) of the 17 September Announcement is declared and will be paid to Class A shareholders, and not the alternative dividend referred to in paragraph 1(b) of the 17 September Announcement. For the avoidance of doubt, this means that a final dividend of R0.57026 per Class A share will be paid to Class A Shareholders for the 12 months ended 30 June 2015, which equates to a dividend of US$0.04235 per Class A share at an exchange rate of 1US$: R13.4655 prevailing on 15 September 2015. The detail of the dividend declared in respect of the Class B Shares is detailed in the 17 September Announcement. The corporate action timeline detailed in the 17 September Announcement remains applicable. SVF has a primary listing on the BSX and a secondary listing on the JSE’s Alternative Exchange. 18 September 2015 Hamilton / Johannesburg BSX sponsor: Global Custody and Clearing Limited JSE sponsor: KPMG Services (Proprietary) Limited Date: 18/09/2015 04:00:00 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.