Results of the cash dividend and the capitalisation share issue in lieu of a cash dividend 15 September 2014

Mpact ordinary shareholders ("Shareholders") are referred to the announcement released on the Stock Exchange News Service on Friday, 29 August 2014 and published in the press on Monday, 1 September 2014 ("the announcement") regarding the capitalisation issue ratio applicable to the election to receive capitalisation shares ("Capitalisation Shares") in terms of a capitalisation issue ("the Capitalisation Issue") in lieu of a cash dividend ("the Cash Dividend").

As set out in the announcement, the number of Capitalisation Shares to which Shareholders participating in the Capitalisation Issue are entitled was determined in the ratio of 0.75603 Capitalisation Shares for every 100 Ordinary Shares held. Where a Shareholder`s entitlement to Capitalisation Shares, calculated in accordance with the above ratio, gave rise to a fraction of a new Ordinary Share, such fraction of a new Ordinary Share was rounded up to the nearest whole number where the fraction was greater than or equal to 0,5 and rounded down to the nearest whole number where the fraction was less than 0,5.

525,141 new Ordinary Shares were issued today to Shareholders who elected to receive Capitalisation Shares in terms of the Capitalisation Issue, resulting in a capitalisation out of the distributable profits of the Company of R18,059,598.99. Shareholders recorded in the register of the Company at the close of business on Friday, 12 September 2014 holding 94,115,577 Ordinary Shares received the gross Cash Dividend of 26 cents per Ordinary Share, resulting in a total gross cash dividend of R24,470,050.02, which was paid out of the distributable profits of the Company.

Share certificates, where applicable, were dispatched to certificated Shareholders at their own risk, and the Cash Dividend payments were made/Central Securities Depository Participant/broker accounts of dematerialised Shareholders were credited, today.

Melrose Arch
15 September 2014

Merchant bank and sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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