Notification in Terms of Section 122(3) of the Companies Act and Paragraph 3.83(B) of the Listings Requirements ESOR LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/000732/06) JSE code: ESR ISIN: ZAE000184669 (“Esor” of the “Company”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND PARAGRAPH 3.83(B) OF THE LISTINGS REQUIREMENTS In accordance with section 122 (3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended (“Companies Act”), and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are hereby advised that Esor has received formal notification in the prescribed form in terms of section 122(1) of the Companies Act of the following transactions in the securities of the Company: Mr Kamal Parabhu Natha has disposed of a beneficial interest in the securities of Esor such that his entire beneficial interest amounts to 12% of the total number of securities in issue. Geomer Investments Proprietary Limited has acquired a beneficial interest in the securities of Esor, such that its entire beneficial interest amounts to 27.95% of the total number of securities in issue. As required in terms of section 122(3)(a) of the Companies Act, Esor has filed the required notices with the Takeover Regulation Panel. Germiston 6 September 2016 Sponsor Vunani Corporate Finance Date: 06/09/2016 05:50:00 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.