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Acceptance of Shares in Terms of the NEPI Share Purchase Scheme (The Share Purchase Scheme)

10 May 2011

Shareholders are advised of the following information relating to the acceptance of shares (“Scheme Shares”) as offered to directors and officers in terms of the rules of the Share Purchase Scheme.

In terms of the rules of the Share Purchase Scheme, ownership in such shares vests in the beneficiaries stated below, but such shares have been pledged to the trustees of the trust created for purposes of administering the Share Purchase Scheme until the outstanding balance due in respect of Scheme Shares (including interest) is paid.

The pricing of the shares was based on the 30-day volume weighted average price immediately prior to 9 May 2011, the day on which the scheme shares were offered to the share purchase scheme participants.

Name of associate Slabbert Family Limited
Name of director Martin Slabbert, who has an indirect beneficial interest in Slabbert Family Limited, the entity which entered into the transaction.
Transaction date 9 May 2011
Class of securities Ordinary shares
Number of securities 337,500
Price per security EUR2.99
Total value EUR1,009,125
Nature of transaction Acceptance of shares offered in terms of The NEPI Share Purchase Scheme.
Nature and extent of director’s interest Indirect beneficial

Name of associate Focus CEE Investments Limited
Name of director Victor Semionov, who is a shareholder of Focus CEE Investments Limited, the entity which entered into the transaction.
Transaction date 9 May 2011
Class of securities Ordinary shares
Number of securities 170,000
Price per security EUR2.99
Total value EUR508,300
Nature of transaction Acceptance of shares offered in terms of The NEPI Share Purchase Scheme.
Nature and extent of director’s interest Indirect beneficial