Notification in terms of section 122(3) of the Companies Act and Paragraph 3.83(b) of the JSE Listing Requirements REUNERT LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1913/004355/06) ISIN: ZAE000057428 Share code: RLO (“Reunert”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND PARAGRAPH 3.83(b) OF THE JSE LIMITED LISTING REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, 2008 and section 3.83(b) of the JSE Listings Requirements, shareholders are hereby advised that Reunert received formal notification on 17 November 2017 that Investec Asset Management Holdings Proprietary Limited (“IAM”), in aggregate, disposed of an interest in the ordinary shares of Reunert, such that the total interest in the ordinary shares of Reunert held by IAM on behalf of the Investec group and its clients now amounts to 4,1056% of the total issued ordinary shares of Reunert. Shareholders are further advised that Reunert received formal notification on 21 November 2017 that IAM, in aggregate, acquired an interest in the ordinary shares of Reunert, such that the total interest in the ordinary shares of Reunert held by IAM on behalf of the Investec group and its clients now amounts to 5,01% of the total issued ordinary shares of Reunert. Sandton 21 November 2017 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 21/11/2017 04:31:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.