Posting of Circular and Notice of General Meeting SABVEST LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/003753/06) Ordinary share code: SBV and ISIN: ZAE000006417 N ordinary share code: SVN and ISIN: ZAE000012043 (“Sabvest” or “the Company”) POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING 1. Posting of circular Shareholders are referred to the announcement released on SENS on 10 September 2018. Using the terms defined therein, Sabvest shareholders are advised that the Circular to Shareholders containing the details of the Specific Repurchase and the Treasury Share Repurchase, and incorporating a notice of the General Meeting and form of proxy, has been posted today, 28 September 2018. Shareholders are further advised that the Circular is available on the Company’s website: http://www.sabvest.com/pdf/SABVEST%20CIRCULAR.pdf 2. Notice of the General Meeting Notice is hereby given that the General Meeting of Shareholders will be held at 11:30 on Monday, 29 October 2018 at Ground floor, Commerce Square, Building 4, 39 Rivonia Road, Sandhurst, Sandton to consider the resolutions as contained in the notice to the General Meeting which forms part of the Circular. The salient dates and times relating to the General Meeting are set out below: 2018 Record date to determine which Shareholders are entitled to receive Friday, 21 September the Circular: Last day to trade in order to be eligible to attend and vote at the Tuesday, 16 October General Meeting: Record date to be eligible to attend and vote at the General Meeting: Friday, 19 October Last day to lodge forms of proxy for the General Meeting by 11:30 * Thursday, 25 October on: General Meeting to be held at 11:30 on: Monday, 29 October Results of General Meeting released on SENS on: Monday, 29 October * any proxies not lodged by this time must be handed to the chairperson of the General Meeting immediately prior to the General Meeting. Sandhurst 28 September 2018 Independent Transaction Sponsor Questco Corporate Advisory Proprietary Limited JSE Sponsor Rand Merchant Bank, a division of FirstRand Bank Limited Date: 28/09/2018 11:39:00 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.