Outcome of buy-back offer for partial bond repurchase

Reference is made to the announcement made on 29 March 2016 regarding Real People Investment Holdings (Proprietary) Limited´s (“Real People”) offer to repurchase a portion of its SEK and NOK-denominated bonds with ISIN SE0005392560 and NO0010689342, respectively, from its bondholders (the “Buy-Back Offer”).

Real People has decided to repurchase a nominal amount of SEK 47 million and NOK 24 million of bonds in connection with the Buy-Back Offer at a price of 65 % of par value, respectively, plus accrued unpaid interest. Settlement of the repurchases pursuant to the Buy-Back Offer will occur on 4 April 2016 and thereafter, Real People will cancel the repurchased bonds.

For further information please contact Werner Nel at Real People, wnel@realpeople.co.za, tel: +27 82 416 7915.