AMALGAMATED/STELLAR - Confirmation of Interest Relating to 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”) CONFIRMATION OF INTEREST RELATING TO UPWARD CASH ADJUSTMENT Shareholders are referred to the Circular issued 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. Shareholders are reminded that the Upward Cash Adjustment on the Scheme Consideration will be paid to Shareholders, registered on the Scheme Record Date being 28 October 2016, on the Operative Date of the Scheme being 31 October 2016. The Upward Cash Adjustment is calculated at the Prime Rate per annum of 10.5% which equates to an amount of R 0.0142 payable per Amecor share. Johannesburg and Cape Town 25 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: 25/10/2016 02:15:00 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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