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Fri 23 Dec 2011, 11:07 SOH - South Ocean Holdings Limited - Notification in terms of section 122(3) of
SOH
SOH                                                                             
SOH - South Ocean Holdings Limited - Notification in terms of section 122(3) of 
the companies act and section 3.83(b) of the Jse Listings Requirements          
South Ocean Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Reg. No 2007/002381/06)                                                        
Share Code: SOH                                                                 
ISIN: ZAE000092748                                                              
("South Ocean")                                                                 
NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b)
OF THE JSE LISTINGS REQUIREMENTS                                                
In accordance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the     
Act"), and section 3.83(b) of the JSE Listings Requirements, holders of ordinary
shares in South Ocean are advised that Investec Asset Management Holdings (Pty) 
Limited, has increased its beneficial interest in the ordinary shares of South  
Ocean from 9,9841% to 10,12681 % .                                              
South Ocean hereby confirms that it has received the required notice from       
Investec Asset Management Holdings (Pty) Limited, in terms of Section 122(1) of 
the Act. As required in terms of section 122(3) (a) of the Act, South Ocean has 
filed the required notice with the Takeover Regulation Panel.                   
Johannesburg                                                                    
23 December 2011                                                                
Sponsor: Investec Bank Limited                                                  
Date: 23/12/2011 11:07:00 Produced by the JSE SENS Department.                  
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