Appendix C

Interest in unlisted associates

  Number  
of shares  		 Interest in
associates  		 Shares   Loans   Nature  
of 
 business  
      2009   2008   2009   2008   2009   2008    
  2009   2008   %   %   R'000   R'000   R'000   R'000    
Deposita Systems
(Pty) Ltd*  		 46   46   46,0   46,0   –   –   –   –   A  
Electronic Silo
Certificates (Pty) Ltd  		 425 000   425 000   42,5   42,5   –   –   3 050   3 050   B  
Ronin Grain
Management (Pty) Ltd  		 10 000   10 000   49,0   49,0   3 804   2 554   1 078   1 450   C  
Cropmasters
(Zambia) Ltd  		 1 250 000   1 250 000   25,0   25,0   319   319   1 711   –   D  
Limpopo Tobacco
Processors Ltd  		 9 000   –   45,0   –   31 492   –   –   –   E  
Book value           35 615   2 873   5 839   4 500    
Fair value           35 615   2 873   5 839   4 500    
*Included with non-current assets classified as held-for-sale.
 

Nature of business
A  Cash management
B  Administration of silo certificates
C  Silo information management
D  Contract land preparation and harvesting
E  Tobacco processing facilities

Financial year-end of associates
The year-end of all associates is February, except Cropmasters (Zambia) Ltd which has a June year-end.

Country of incorporation
All associates are incorporated and operate in South Africa, except from Cropmasters which is incorporated in Zambia.