OUTCOME OF ARBITRATION PROCESS REGARDING THE DISPUTE WITH ITHUBA AND ZAMANI

Shareholders are advised the arbitration with Zamani Marketing and Management Consultants Proprietary Limited and Ithuba Holdings Proprietary Limited; the trustees of the Charmaine Mabuza Trust, the trustees of the Erik Mabuza Trust, Zamani Gaming Proprietary Limited and Zamani Treasury Proprietary Limited, (together referred to as “the parties”) refered to in previous SENS announcements has finally been determined by an arbitration award in favour of the company.

The terms of the award are available on the company website at https://www.hci.co.za/legal-judgements/

The company has today applied for the award to be made an order of court.