Disclosure of assets under management and advice ANCHOR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2009/005413/06) ISIN: ZAE000193389 JSE share code: ACG (“Anchor”) DISCLOSURE OF ASSETS UNDER MANAGEMENT AND ADVICE In the interests of transparent communication with shareholders, the Directors of Anchor disclose the following group- wide assets under management and advice at 30 September 2016: September 2016 reconciliation of assets under advice and management R'bn YTD YTD growth growth End Sept End June End Dec End Sept (R'bn) 2016 2016 2015 2015 Assets under management 58% 13.1 35.6 34.4 22.5 15.7 Assets under advice -1% -0.1 11.5 11.3 11.6 5.7 Total 38% 13 47.1 45.6 34.1 21.4 Anchor continued to grow its assets under advice and management in the third quarter of 2016 in tough market conditions. Total assets at 30 September 2016 were R47.1 billion, up R1.4 billion (+3.1%) for the quarter and R13 billion (38%) year to date. All of the growth for the third quarter was of an organic nature. During the third quarter the All Share index was down 0.5% and the Rand/USD exchange rate strengthened by 7.2%, negatively impacting approximately 30% of assets under management held directly offshore. Anchor does not own 100% of all of its subsidiaries. Anchor’s attributable share of assets under management (excluding minority interests) was R29.0 billion, a 7% increase on the 30 June 2016 total of R27.1 billion. 19 October 2016 Designated advisor Java Capital Date: 19/10/2016 03:53:00 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.