Notification in terms of Section 122(3) of the Companies Act and Section 3.83(b) of the JSE Listings Requirements Raubex Group Limited (Incorporated in the Republic of South Africa) Registration number 2006/023666/06 Share Code: RBX ISIN Code: ZAE000093183 (“Raubex” or “the Company”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b) OF THE JSE LISTINGS REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Act") and section 3.83(b) of the JSE Listings Requirements, shareholders are advised that Raubex has received formal notification on behalf of Marathon Asset Management LLP (“Marathon Asset Management”) that Marathon Asset Management acquired a beneficial interest in the ordinary shares of the Company, such that the total beneficial interest in the ordinary shares of the Company held by Marathon Asset Management, on an aggregated holdings basis, is now 5,02% of the total issued ordinary shares of the Company. Raubex hereby confirms that it has received the required notice from Marathon Asset Management in terms of Section 122(1) of the Act. As required in terms of section 122(3)(a) of the Act, Raubex has filed the required notice with the Takeover Regulation Panel. Johannesburg 27 November 2018 Sponsor Investec Bank Limited Date: 27/11/2018 02:33:00 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.