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Wed 13 Aug 2014, 17:30 ALEXANDER FORBES PREF SHARE INV LTD - Disclosure of significant holding of Alexander Forbes Shares
AFP 201408130036A
Disclosure of significant holding of Alexander Forbes Shares

Alexander Forbes Preference Share Investments Limited
(Incorporated in the Republic of South Africa)
Registration number 2006/031561/06
Share code: AFP
ISIN: ZAE000188942
("the Company")

DISCLOSURE OF SIGNIFICANT HOLDING OF ALEXANDER FORBES SHARES

In accordance with the JSE Limited Listings Requirements and Section 122 of the Companies Act 2008,
shareholders are advised of the following:

Neuberger Berman Management LLC and its affiliate Neuberger Berman LLC (collectively referred to as
"Nueberger") have increased their holding in the Company from 3,184,652 preference shares to 18,294,717
preference shares. Accordingly, Neuberger’s shareholding represents 5.59% of the issued preference shares
of the Company.

Johannesburg
13 August 2014

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

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