Annexure A: Shareholder analysis

Shareholder spread		Number	%	Shares	%
1 – 1 000 shares		3 182	52.67	816 902	0.09
1 001 – 10 000 shares		1 815	30.05	7 205 212	0.79
10 001 – 100 000 shares		748	12.38	25 222 076	2.76
100 001 – 1 000 000 shares		211	3.49	65 651 974	7.18
1 000 001 shares and over		85	1.41	814 759 709	89.18
Total		6 041	100.00	913 655 873	100.00
Distribution of shareholders		Number	%	Shares	%
Private investor		230	3.81	284 237 457	31.11
Unit trusts		69	1.14	147 787 015	16.17
Corporate holding		3	0.05	139 042 295	15.22
Unclassified		22	0.36	127 743 296	13.98
Hedge fund		5	0.08	49 646 334	5.43
Mutual fund		23	0.38	21 554 855	2.36
Trading position		10	0.17	25 180 590	2.76
Insurance companies		15	0.25	21 358 215	2.34
Custodians		5	0.08	2 039 078	0.22
University		6	0.10	2 251 971	0.25
Exchange traded fund		2	0.03	2 394 449	0.26
Medical aid scheme		5	0.08	1 378 726	0.15
Venture capital		1	0.02	445 027	0.05
Local authority		1	0.02	720 287	0.08
Investment trust		1	0.02	286 879	0.03
Charity		2	0.03	417 989	0.05
Remainder		5 641	93.38	87 171 410	9.54
Total		6 041	100.00	913 655 873	100.00
Public/non-public shareholders		Number	%	Shares	%
Non-public shareholders		13	0.22	437 150 070	47.85
Directors and associates		11	0.18	298 803 484	32.70
Strategic holdings (more than 10%)		1	0.02	100 000 000	10.94
Treasury stock		1	0.02	38 346 586	4.20
Public shareholders		6 028	99.78	476 505 803	52.15
Total		6 041	100.00	913 655 873	100.00

Beneficial shareholders holding 2% or more		Shares	%
Shotput Investments (Pty) Ltd*		100 000 000	10.95
Levy BM		85 048 092	9.31
Levy MS		77 640 684	8.50
Allan Gray Balanced Fund		55 095 427	6.03
Blue Label Telecoms Ltd		38 346 586	4.20
Acanthin		31 809 258	3.48
ERZ Telecoms CC		26 943 509	2.95
Government Employees Pension Fund (PIC)		21 976 210	2.41
Total		436 859 766	47.83
Shareholders holding 2% or more		Shares	%
Allan Gray Pty Ltd		122 264 701	13.38
Shotput Investments (Pty) Ltd*		100 000 000	10.95
Levy BM		85 048 092	9.31
Levy MS		77 640 684	8.50
Sanlam Investment Management (Pty) Ltd		39 179 899	4.29
Blue Label Telecoms Ltd		38 346 586	4.20
Acanthin		31 809 258	3.48
ERZ Telecoms CC		26 943 509	2.95
MIBFA		26 205 321	2.87
The Vanguard Group Inc		20 661 535	2.26
Total		568 099 585	62.19

*

A discretionary trust, of which Kevin Ellerine is one of a number of potential beneficiaries, holds an interest in Shotput Investments Proprietary Limited. The indirect beneficial shareholding of Kevin Ellerine as disclosed per the Directors’ report refers to his effective shareholding in Ellerine Group Proprietary Limited.