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DISCLOSURE OF DISPOSAL OF SECURITIES IN THE COMPANY

In accordance with section 122(3)(b) of the Companies Act and section 3.83(b) of the JSE Listing Requirements, shareholders are advised that Marathon Asset Management LLP has disposed of ordinary shares in the company and its total beneficial interest now amounts to 9.59% of the total number of ordinary shares in issue.

Formal notification has been received from Marathon Asset Management LLP and the company will file the required notice with the Takeover Regulation Panel.