Regulatory disclosure of decrease in holdings below 5%
In accordance with the Disclosure and Transparency Rules in the UK, the JSE Limited Listings Requirements and Section 122(1) of the Companies Act, No 71 of 2008, shareholders are advised that Investec Asset Management Limited notified Jubilee on 21 August 2013 that its holding of 17,808,830 ordinary shares in the Company has decreased in percentage terms to 4.98% of the total voting rights in the Company. The decrease is due to an increase in the number of ordinary issued shares in the Company which came into effect on 21 August 2013. Investec has not disposed of any of its Jubilee securities.
As required, in terms of section 122(3)(a) of the Companies Act, Jubilee has filed the required notice with the Takeover Regulation Panel.