MURRAY & ROBERTS HOLDINGS LIMITED - IMF Bentham ASX announcement on Forge Liquidation Funding Agreement

IMF Bentham ASX announcement on Forge Liquidation Funding Agreement

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN: ZAE000073441
(“Murray & Roberts”)


IMF BENTHAM ASX ANNOUNCEMENT ON FORGE LIQUIDATION FUNDING
AGREEMENT

Shareholders are referred to the announcement by IMF Bentham (“IMF”) on the Australian
Stock Exchange (“ASX”) on 8 December 2015, relating to the approval by the Supreme Court
of Western Australia, for the liquidator of Forge Group Limited (“Forge”) to enter into a
litigation funding agreement with IMF to investigate and if appropriate, pursue claims against
Clough Operations Pty Ltd, a subsidiary of Clough Limited (“Clough”).

On 25 March 2013, Murray & Roberts announced the disposal by Clough of its shareholding in
Forge. At the time of the disposal, Murray & Roberts owned 62% of Clough. Clough became a
wholly-owned subsidiary of Murray & Roberts in December 2013.

Clough disposed of its 36% shareholding in Forge in March 2013 in a Block Trade Agreement
and Forge was placed under administration in February 2014.

Shareholders are advised that no claim has been made against Clough. Clough denies any
wrongdoing and will vigorously defend any claim instituted by the liquidator.


Bedfordview
8 December 2015

Sponsor: Deutsche Securities (SA) Proprietary Limited

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