EQSTRA HOLDINGS LIMITED - Divisional update

Divisional update

Eqstra Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
ISIN: ZAE000117123
Share code: EQS
("Eqstra" or "the Company")

DIVISIONAL UPDATE

The Contract Mining and Plant Rental division of Eqstra ("MCC") has been awarded a significant new
contract with Sedibelo Platinum Mines. The five year contract commences in April 2016 with a value
of R4 billion (four billion Rand). The project will utilise an initial R150 million worth of standing
equipment.

Justin Colling, MCC CEO said: "This is a significant win for us given the current environment facing
the commodity sector and the pressure this has placed on mining firms. I believe our unique
approach to shaping our contracts to our clients' needs and partnering with them during these
demanding times allows us to deliver the best possible results."

The contract increases MCC's order book to approximately R15 billion (fifteen billion Rand). This also
reduces the division’s excess assets to less than 10% of its total asset base.

CEO of Eqstra, Jannie Serfontein added: "I would like to thank the Sedibelo team for entrusting us
with this contract and Justin and his team for this valuable win. This affirms our 2020 strategy of
becoming more flexible in our service offering and reducing and deploying assets efficiently."

Investors and Media contact:
Frank Ford
FTI Consulting
Frank.ford@fticonsulting.com
+27 (0)767 881 926
+27 (0)21 4879 022

Kempton Park
14 December 2015

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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