Dealings in securities by directors, directors of major subsidiaries and their associates EFFICIENT GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration Number: 2006/036947/06) JSE share code: EFG ISIN: ZAE000151841 (“the company” or “Efficient”) DEALINGS IN SECURITIES BY DIRECTORS, DIRECTORS OF MAJOR SUBSIDIARIES AND THEIR ASSOCIATES Shareholders are advised that, pursuant to the specific authority to issue shares for cash granted to Efficient at the general meeting of shareholders held on 7 March 2014, as detailed in the circular issued to shareholders of the company on 6 February 2014, the following directors, directors of major subsidiaries and their associates have been issued with that number of ordinary shares indicated against their names below: Name of associate: Arend de Waal Trust Name of director and relationship to director: Arend de Waal, who is a trustee and beneficiary of the Arend de Waal Trust and a director of Verso Investment Services (Pty) Ltd Transaction date: 7 April 2014 Class of securities: Ordinary shares Number of securities: 80 000 Price per security: R2.50 Total value of transaction: R200 000.00 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Indirect beneficial Name of associate: Aliki Trust Name of director and relationship to director: Paul Louw, who is a trustee and beneficiary of the Aliki Trust and a director of Verso Investment Services (Pty) Ltd Transaction date: 7 April 2014 Class of securities: Ordinary shares Number of securities: 80 000 Price per security: R2.50 Total value of transaction: R200 000.00 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Indirect beneficial Name of associate: MJK Family Trust Name of director and relationship to director: Martin Kift, who is a trustee and beneficiary of the MJK Family Trust and a director of Verso Investment Services (Pty) Ltd Transaction date: 7 April 2014 Class of securities: Ordinary shares Number of securities: 80 000 Price per security: R2.50 Total value of transaction: R200 000.00 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Indirect beneficial Name of associate: LLA Attorneys Incorporated Name of director and relationship to director: Fred Liedtke, who is a director of LLA Attorneys Incorporated Transaction date: 7 April 2014 Class of securities: Ordinary shares Number of securities: 937 500 Price per security: R1.60 Total value of transaction: R1 500 000.00 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Indirect beneficial 8 April 2014 Sponsor Java Capital Date: 08/04/2014 05:45:00 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.