Farm-Ag And Zaad Join Forces Zeder Investments Limited Incorporated in the Republic of South Africa Registration number: 2006/019240/06 JSE share code: ZED ISIN number: ZAE000088431 (“Zeder”) FARM-AG AND ZAAD JOIN FORCES Zaad Holdings Limited (“Zaad”), a wholly owned subsidiary of Zeder, serves as its focused platform for operationally complimentary investments in the strategic agri-inputs sector. Through investments made to date it has established itself as a leading producer, marketer and distributor of a wide variety of agricultural seeds across several countries in Africa and abroad under established names like Agricol, Bakker Brothers and Klein Karoo Seed Marketing. Norman Celliers, CEO of Zeder, stated that “Zeder remains focused on its strategy of growing the companies within their existing portfolio by leveraging the strong platforms they have established across the broad agribusiness industry”. Shareholders are advised that with effect from 1 May 2016, Zaad has acquired a 49% stake in the Farm-Ag Group (“Farm-Ag”). Farm-Ag has in recent years established itself as one of the largest South African owned formulators and distributors of crop protection chemicals, selling both locally and internationally. “We see Zaad as being a perfect fit for Farm-Ag” said Robert Maingard, Chairman of Farm-Ag, “and we are very much aligned in terms of our expansion vision both in South Africa and the rest of Africa at large. The potential for synergies is enormous.” Antonie Jacobs, CEO of Zaad, stated that he is very pleased with their 49% stake in Farm-Ag and that it falls very much in line with the Zaad’s overall focus on strategic agri-inputs. Stellenbosch 18 May 2016 Transaction Advisor and Sponsor PSG Capital Date: 18/05/2016 09:50:00 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.