No change statement and notice of annual general meeting ROLFES HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2000/002715/06) Share Code: RLF & ISIN: ZAE000159836 ("Rolfes" or "the Company") NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are hereby advised that the abridged report incorporating the audited summarised annual financial statements for the year ended 30 June 2016 and notice of annual general meeting, were distributed to shareholders of Rolfes today, 30 September 2016. The abridged report contains no modifications to the Preliminary Reviewed Condensed Consolidated Results published on SENS on 19 September 2016. The full integrated report incorporating the audited annual financial statements for the year ended 30 June 2016 and the notice of annual general meeting to shareholders are available on the company website, hosted at www.rolfesza.com. Notice is hereby given to the shareholders of Rolfes as at Friday, 23 September 2016, being the record date to receive notice of the annual general meeting in terms of section 59(1)(a)of the Companies Act, that the annual general meeting of Rolfes’ shareholders will be held at 09h00 on Friday, 25 November 2016 at First Floor, The Oval West, Wanderers Office Park, Illovo, 2196 to transact the business as stated in the notice of the annual general meeting forming part of the Integrated Report posted to shareholders, which meeting is to be participated in and voted at by shareholders registered as such on Friday, 18 November 2016. Johannesburg 30 September 2016 Sponsor: Grindrod Bank Limited Date: 30/09/2016 05:45:00 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.