Raubex : Posting of Circular and Notice of General Meeting

b7be2d58-2841-46e5-b592-937701024d0d.pdf Raubex Group Limited

(Incorporated in the Republic of South Africa) Registration number 2006/023666/06

Share Code: RBX

ISIN Code: ZAE000093183

("Raubex" or the "Group")

POSTING OF CIRCULAR AND NOTICE OF GENERAL MEETING

1. INTRODUCTION

   Raubex shareholders ("Shareholders") are referred to the announcement released by the Group on SENS on Thursday, 19 May 2016, relating to the proposed specific repurchase of Raubex Shares, (the "Repurchase").

   Shareholders are hereby advised that a circular containing, inter alia, details of the Repurchase, a notice of general meeting of Shareholders ("General Meeting"), and forms of proxy were posted to Shareholders today and is available on Raubex's website at www.raubex.com (the "Circular").

   The purpose of the Circular is to:

   • provide Shareholders with detailed information regarding the Repurchase and the manner in which it will be implemented; and

   • convene a General Meeting of Shareholders to consider and, if deemed fit, approve with or without modification, the resolutions relating to the Repurchase as set out in the notice of General Meeting incorporated in the Circular.

2. NOTICE OF GENERAL MEETING

   The General Meeting of Shareholders will be held at Instinctif Partners, The Firs, 302 3rd Floor, corner Craddock and Biermann Road, Rosebank, 2196, on Wednesday, 20 July 2016 commencing at 10:00, for the purpose of considering and, if deemed fit, passing, with or without modification, the resolutions set forth in the notice of General Meeting incorporated in the Circular.

3. IMPORTANT DATES AND TIMES

   The important dates and times in relation to the General Meeting are set out below:

   2016
   Notice record date, being the date on which a Raubex Shareholder must be registered in the Register in order to be eligible to receive the notice of General Meeting, on	Friday, 10 June
   Circular posted to Raubex Shareholders and notice convening the General Meeting released on SENS, on	Tuesday, 21 June

   Last day to trade Raubex Shares in order to be recorded in the Register to vote at the General Meeting (see note 2 below), on	Tuesday, 12 July
   General Meeting Record Date, being the date on which a Raubex Shareholder must be registered in the Register in order to be eligible to attend at and participate in the General Meeting and to vote thereat, by close of trade on	Friday, 15 July
   Form of proxy in respect of the General Meeting to be lodged for administrative purposes, by 10:00, on (or may thereafter be lodged by hand with the Company prior to 10:00 on Wednesday, 20 July 2016)	Monday, 18 July
   General Meeting held at 10:00 on	Wednesday, 20 July
   Results of the General Meeting published on SENS on	Wednesday, 20 July
   Cancellation and delisting of the Repurchase Shares on or about	Tuesday, 26 July

   Notes

4. The above dates and times are subject to amendment at the discretion of Raubex. Any such amendment will be released on SENS.

5. Raubex Shareholders should note that as transactions in Raubex Shares are settled in the electronic settlement system used by Strate, settlement of trades takes place three Business Days after such trade. Therefore, Raubex Shareholders who acquire Raubex Shares after close of trade on Tuesday, 12 July 2016, will not be eligible to attend at, participate in and to vote at the General Meeting.

6. 3. All dates and times indicated above are South African Standard Times.

   By order of the Raubex board

   Johannesburg

   21 June 2016

   Sponsor

   Investec Bank Limited