Share to DR & DR to Share Conversion Procedures for Market Participants

Reinet DR’s trade on the basis of 10 DRs to each Reinet share. Reinet DRs are issued by Reinet Securities SA, a wholly owned subsidiary of Reinet Investments SCA.  Reinet Securities has appointed Computershare Limited as its agent in South Africa.

Reinet Securities operates a programme designed to allow market participants to convert Reinet shares into Reinet DRs and vice versa. Conversions of DRs into Reinet shares are subject to compliance with the relevant South African securities and exchange control regulations.

Reinet shares for conversion into DRs should be delivered to the suspense account of Reinet Securities SA at UBS AG in Zurich and delivery instructions provided to Reinet Securities SA in Switzerland. For the conversion of DRs into shares, DRs should be delivered to the account of Reinet Securities SA held at the Computershare CSDP and transfer instructions delivered to Computershare Limited.