Results of the underwritten Rights Offer to raise R525m Finbond Group Limited (Incorporated in the Republic of South Africa) (Registration number: 2001/015761/06) Share code: FGL ISIN: ZAE000138095 (“Finbond” or “the Company”) RESULTS OF THE UNDERWITTEN RIGHTS OFFER TO RAISE R 525 MILLION 1. INTRODUCTION Shareholders are referred to the announcement released on SENS on Friday, 12 February 2016 relating to the underwritten rights offer of 157 185 629 new Finbond ordinary shares of 0.0001 cents each, in the authorised but unissued share capital of the Company offered for subscription to Finbond shareholders on basis of 25.98001 Rights Offer Shares for every 100 Finbond ordinary shares held at 334 cents per Rights Offer Share, raising approximately R525 million (“the Rights Offer”). As detailed below the Rights Offer was successful. Finbond raised the full R525 million and the underwriter, Midbrook Lane (Pty) Ltd, will not be required to subscribe for any Rights Offer Shares given that the Rights Offer was over-subscribed with a number of shareholders making excess applications. 2. RESULTS OF THE RIGHTS OFFER The Rights Offer closed at 12:00 on Friday, 11 March 2016. The results are set out below: Number of Rights Offer % of Rights Offer Shares Rights Offer Shares 157 185 629 100% available for subscription Subscriptions for 87 550 564 56% Rights Offer Shares Excess applications 83 872 537 53% for Rights Offer Shares Excess Rights Offer 69 635 065 44% Shares available to be allocated 3. ISSUE OF RIGHTS OFFER SHARES Share certificates will be posted to holders of certificated shares who have followed their rights on or about Monday, 14 March 2016. The CSDP or broker accounts of holders of dematerialised shares or their renouncees, who have followed their rights, will be credited with the Rights Offer Shares and debited with any payments due on Monday, 14 March 2016. 4. EXCESS APPLICATIONS The excess Rights Offer Shares applied for will be allocated in a manner viewed as equitable in terms of the JSE Listings Requirements, taking cognizance of the number of shares held by the shareholder, including those taken up as a result of the Rights Offer, and the number of excess Rights Offer Shares applied for by such shareholder. Share certificates will be posted to holders of certificated shares, who have been allocated excess Rights Offer Shares on or about Wednesday, 16 March 2015. The CSDP or broker account of holders of dematerialised shares who have been allocated excess Rights Offer Shares, will be credited with the excess Rights Offer Shares on or about Wednesday, 16 March 2016. Refund payments in respect of unsuccessful applications will be made to the relevant applicants on or about Wednesday, 16 March 2016. No interest will be paid on monies received in respect of unsuccessful applications. 5. RESTRICTIONS The granting of the right to subscribe for Rights Offer Shares in certain jurisdictions other than South Africa may be restricted by law and a failure to comply with any of those restrictions may constitute a violation of the securities laws of any such jurisdiction. The shares have not been and will not be registered for the purposes of the rights offer under the securities laws of the United Kingdom, Canada, United States of America or any other country outside South Africa and accordingly, are not being offered, sold, taken up, re- sold or delivered directly or indirectly to rights recipients with registered addresses outside South Africa. The Rights Offer does not constitute an offer in any area of jurisdiction in which it is illegal to make such an offer. Johannesburg 14 March 2016 Corporate Advisor and JSE Sponsor Grindrod Bank Limited Date: 14/03/2016 09:57:00 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.