Notice of general meeting and posting of circular ROLFES HOLDINGS LIMITED Registration number 2000/002715/06 Share Code: RLF ISIN Code: ZAE000159836 (“Rolfes” or the “Company”) NOTICE OF GENERAL MEETING AND POSTING OF CIRCULAR Shareholders are advised that a circular was distributed today, 9 March 2017, containing details of the adoption of a Conditional Share Plan, and which includes a notice of the general meeting of Rolfes shareholders, that will be held on Monday, 10 April 2017 at 09:00, at the Company’s registered office, at First Floor, The Oval West, Wanderers Office Park, 52 Corlett Drive, Illovo 2196. The salient dates are as follows: 2017 Record date to determine which shareholders are eligible to Friday, 3 March receive the circular Posting of circular to shareholders Thursday, 9 March Last day to trade in order to be eligible to participate and vote at Tuesday, 28 March the general meeting Record date for voting at the general meeting Friday, 31 March Last day for receipt of forms of proxy for the general meeting by Thursday, 6 April no later than 09:00 on General meeting to be held at 09:00 on Monday, 10 April Results of the general meeting released on SENS on Monday, 10 April Results of the general meeting published in the South African Tuesday, 11 April press on Notes: 1. The above dates and times are subject to amendment and any amendment made will be released on SENS. 2. All times given are South African local times. 3. If the general meeting is adjourned or postponed, forms of proxy submitted for the initial general meeting will remain valid in respect of any adjournment or postponement of the general meeting. 9 March 2017 Johannesburg Sponsor Grindrod Bank Limited Date: 09/03/2017 02:03:00 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.