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Disclosure of beneficial interest in RFG ordinary shares

(Incorporated in the Republic of South Africa)
Registration number 2012/074392/06
JSE share code: RFG
ISIN: ZAE000191979
(“RFG” or “the Company”)


In accordance with section 122(3)(b) of the Companies Act 71 of 2008 (“the Act”) and paragraph
3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that RFG has received
notification in terms of section 122(1) of the Act that:

Old Mutual Limited has increased its holding in RFG, such that the total interest in the ordinary shares of the
Company held by Old Mutual Limited amounts to 15% (previously 10.03%) of the total issued ordinary share
capital of RFG.

As required in terms of section 122(3) of the Act, the Company has filed the required notice with the
Takeover Regulation Panel.

The board of directors of RFG accepts responsibility for the information contained in this announcement as it
relates to the Company and confirms that, to the best of its knowledge and belief, such information relating to
RFG is true and that this announcement does not omit anything likely to affect the importance of such

Groot Drakenstein
15 April 2020

RAND MERCHANT BANK (a division of FirstRand Bank Limited)

Date: 15-04-2020 11:45:00

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