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Mon 10 Nov 2014, 12:10 THE BIDVEST GROUP LIMITED - Moodys Affirms Bidvest Credit Rating At A1.ZA Outlook Stable
BVT 201411100035A
Moodys Affirms Bidvest Credit Rating At A1.ZA, Outlook Stable

THE BIDVEST GROUP LIMITED
(“Bidvest”)
(Registration number 1946/021180/06)
Share code: BVT ISIN ZAE 000117321


MOODYS AFFIRMS BIDVEST CREDIT RATING AT A1.ZA, OUTLOOK STABLE


Bidvest shareholders are referred to the announcement by Moody’s Investors
Service as contained below:

“Johannesburg, November 07, 2014 -- Moody's Investors Service has today affirmed The
Bidvest Group Limited's (Bidvest) national scale long- and short-term issuer ratings at
A1.za and P-1.za, respectively, despite the weakening of the South African government's
credit profile, as reflected by Moody's downgrade of South Africa's government bond
rating to Baa2 (stable) from Baa1 (negative) on 6 November 2014. The outlook on the
ratings for Bidvest remain stable.

For additional information, please refer to the related announcement:
https://www.moodys.com/research/--PR_312007”

Date: November 10 2014
Johannesburg
Sponsor: Investec

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