THE BIDVEST GROUP LIMITED - Moodys affirms Bidvests rating at BAA2/AA1.ZA, negative outlook

Moody’s affirms Bidvest’s rating at BAA2/AA1.ZA, negative outlook

THE BIDVEST GROUP LIMITED
(“Bidvest”)
(Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
Share code: BVT
ISIN ZAE 000117321

MOODY’S AFFIRMS BIDVEST’S RATING AT BAA2/AA1.ZA, NEGATIVE OUTLOOK

Bidvest shareholders are referred to the announcement by Moody’s Investors Service as
contained below.

“Johannesburg, December 19 2016 – Moody’s Investor Service, (“Moody’s”) has today affirmed
The Bidvest Group Limited’s (Bidvest) Baa2 local currency global scale long-term and P-2 short
term issuer ratings as well as affirmed its Aa1.za national scale long-term and P-1.za short term
issuer ratings. The outlook on the ratings is negative.”

For additional information, please refer to the related announcement.
https://www.moodys.com/research/Moodys-affirms-Bidvests-rating-at-Baa2-Aa1za-outlook-
negative--PR_359781

Date: December 20 2016
Johannesburg
Sponsor: Investec Bank Limited

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