Stellar Capital \Amalgamated Electronic - Details Relating to Payment of Upward Cash Adjustment Stellar Capital Partners Limited Amalgamated Electronic Corporation Limited (Incorporated in the Republic of South (Incorporated in the Republic of South Africa) Africa) (Registration number 1998/015580/06) (Registration number 1997/010036/06) Share code: SCP Share Code: AER ISIN: ZAE000198586 ISIN: ZAE000070587 (“Stellar Capital”) (“Amecor”) DETAILS RELATING TO PAYMENT OF UPWARD CASH ADJUSTMENT Shareholders are referred to the Circular released on 14 September 2016 and the Finalisation Announcement released on the Stock Exchange News Service (“SENS”) on 13 October 2016. Terms defined therein shall, unless otherwise stated, bear the same meaning in this announcement. Amecor shareholders are reminded that an Upward Cash Adjustment, being the interest payable on the Scheme Consideration calculated at the Prime Rate per annum from 1 October 2016 to 14 October 2016 as recorded in the Circular, is payable to Scheme Participants. The Upward Cash Adjustment will be paid on 31 October 2016 to Scheme Participants recorded in the Register on the Scheme Record Date (being Friday 28 October 2016) and not within five Business Days of the date on which the Scheme becomes unconditional as stated in the Circular, as Scheme Participants will not yet be recorded on the Register as at that date. Johannesburg and Cape Town 21 October 2016 Financial adviser and sponsor to Stellar Capital RAND MERCHANT BANK (A division of FirstRand Bank Limited) Corporate adviser and sponsor to Amecor Merchantec Capital Date: 21/10/2016 10:44:00 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.
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