20090116 Put Option

P.O. Box 16778 E-mail: [email protected] Lyttelton 0140 Centurion South Africa

Mario Koppers 16 January 2009 Mr. Patrick Stapleton Executive Chairman

Mobile: +27 (0)72 193 1389 Phone: +27 (0)12 667-6192 Fax: 086 662 1251

DMus (UP), MMus (UNISA), LTCL(g), LTCL(t), LMusTCL Dip. Datametrics (UNISA), VB (Brainbench)

Edwafin P.O. Box 2180 Strangeways Office Park Hillcrest

Hillcrest

3650

Durban

KZN Dear Mr. Stapleton Debentures Nos. C64 and D37 Our communications to date refers. Herewith I would like to exercise a put option on the two debentures held by me: C64 and D37 with a combined value of R . Since interest payments have not been forthcoming before the 15th of December 2008 (November 2008 interest) and before the 15th of January 2009 (December 2008 interest), these debentures have now become due and payable with all outstanding interest. This is according to clause 12.2 of the Prospectus lodged with CIPRO/DTI. Although you have my bank details on record, I provide it here again for convenience sake, and to avoid any further delays. Account Holder: MHA Koppers Bank: FNB Branch: 250130 Acc No: 51060048712 I trust that this is in order, and that we can speedily finalize this matter. Yours sincerely

Mario Koppers

Elke Koppers