GEN-General-Country Bird Hldgs Pty Ltd-Announcement that the CBH offer is unconditional-as per Regulation 102(10) Country Bird Holdings Proprietary Limited Incorporated in the Republic of South Africa (Registration number 2005/008505/07) (“CBH”) ANNOUNCEMENT THAT THE CBH OFFER IS UNCONDITIONAL AS TO ACCEPTANCES AS REQUIRED BY REGULATION 102(10) OF THE COMPANIES REGULATIONS, 2011 Sovereign shareholders (“Sovereign Shareholders”) are referred to the announcement released by CBH on SENS on Tuesday, 12 September 2016 notifying Sovereign Shareholders that conditional cash offer by CBH to acquire the entire ordinary share capital of Sovereign other than those ordinary shares already held by CBH and its concert parties and other than the ordinary shares held by Sovereign’s subsidiaries (“Offer”) is now unconditional as to acceptances. Regulation 102(10) of the Companies Regulations, 2011, requires that on the 45 th business day after the day upon which a conditional general offer opened an announcement shall be made by no later than 16:30 as to whether the offer is unconditional as to acceptances, or has terminated. Due to Wednesday, 3 August 2016, being made a public holiday, today, being Wednesday, 14 September 2016, is the 45th business day after the Offer opened. In accordance with the Companies Regulations, 2011, Sovereign Shareholders are again notified that CBH has waived the condition as to acceptances. Johannesburg 14 September 2016 Financial advisor: Investec Bank Limited Legal advisor: Kern & Partners Competition law advisor: Bowman Gilfillan Date: 14/09/2016 12:53:00 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.