Benchmark Auction 2014

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth 945000001397139 20/01/201369A+B 1 ♀ Yellow W16 945000001380138 Wise Guy son 45” Zambian X 28.5” 14/03/2013 SELLER 2 ♀ Yellow K 3 Zambian X Zambian X 30” Zander Osmers Safaris Kolt 45” Zambian X K12 3 W 16 RRMEASUREMENTS Measured by No Horns Length Tips Rings Base Tip - Tip DNA Measured PREGNANCY INFORMATION L 15” 8.5” 7 6.25” 6” On 25/06/2014 Dr. Boshoff No 1 2 1 7 Request R 15.25” 8.5” Status L 15” 9.5” 2 7 6” 5.75” On 25/06/2014 Dr. Boshoff Walking Piet Son Pure Piet Son Pure R 14.75” 9.5” 7 Request with Zambian 46” Zambian 46”

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth 7110287930 1♀ Orange 3 7110294415 Assegai 47” Zambian X 30.5” 16/01/2013 SELLER70A+B 2 ♀ Orange 5 West Zambian Zambian X 17/02/2013 Cottondale Game Ranch Assegai 47” 5 West Zambian1 2 3 RRMEASUREMENTS Measured by No Horns Length Tips Rings Base Tip - Tip DNA Measured PREGNANCY INFORMATION 1 L 16.25” 9.25” 8 West No 1 2 R 15.75” 9” 8 L 16.75” 10.75” 7 6” 7” Zambian X 24/06/2014 Dr. Boshoff Status R 16.75” 10.75” 7 Available Walking Assegaai 47” Assegaai 47” with West Zambian West Zambian 2 West 6” 6” Zambian X 24/06/2014 Dr. Boshoff Available

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER 7110290155 Zambian X 30” 15/03/2013 1♀ Orange 8 7110295249 Assegai 47” 09/02/2013 Cottondale Game Ranch70C+D 2 ♀ Orange 4 Zambian X West Zambian 4 Assegai 47” West Zambian1 2 8 RRMEASUREMENTS Measured by No Horns Length Tips Rings Base Tip - Tip DNA Measured PREGNANCY INFORMATION L 16.25” 10” 7 West No 1 2 6.5” 7” Zambian X 24/06/2014 Dr. Boshoff 1 R 16” 9.75” 7 Status Available Walking Assegaai 47” Assegaai 47” with West Zambian West Zambian L 14.5” 9.25” 6 West 6” 8” Zambian X 24/06/2014 Dr. Boshoff 2 R 14.7” 9.5” 6 Available

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth 04/04/2013 71 ♀1 P5 Orange 01 945000001458159 Thometelo Zambian X 07/02/2013 SELLER 50.75” Zambian X1 ♀2 P5 Orange 11 945000001458302 Kobus & Reino du Toit Thometelo 50.75” P5 11 2 P5 1 RMEASUREMENTS Measured by No Horns Length Tips Rings Base Tip - Tip DNA Measured PREGNANCY INFORMATION L 13.25” 9” 5 5” 8” On 25/06/2014 Dr. H. No 1 2 1 5 Request Múller R 13.25” 9” Status 7 Weeks L 14” 8.25” 6 6” 6” On 25/06/2014 Dr. H. Walking Thlometelo Lusaka 45.5” 14” 8.5” 6 Request Múller with see Lot 8 2 R

72A+BLOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER 09/09/2012 ♀1 Red 22 945000001501603 Tsunami 48” West Zambian X 05/09/2012 Hannes Maree 35.5” ♀2 Red 23 945000001504698 West Zambian 23 West Zambian X Tsunami 48” 33.25” West Zambian12 22 RRMEASUREMENTS No Horns Length Tips Rings Base Tip - Tip DNA Measured Measured by PREGNANCY INFORMATION L 18.9” 7.7” 12 6.7” 9.05” Available 23/06/2014 Dr. H. No 1 2 Múller Status 1 8 Weeks 10 Weeks 5.9” 7.1” Tanzanian 23/06/2014 Dr. H. By R 18.9” 7.7” 12 Available Múller Dynamite Dynamite L 17.9” 10.8” 9 Full brother to Full brother to 2 Charlie 50” Charlie 50” R 17.9” 10.8” 9 Zambian Zambian

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER 1 945000001538071 Matetsi73A+B 2 ♀ Red 23 Stamper 45” Pure Matetsi 13/03/2012 Leon Vos & Seuns ♀ Red 19 4C3A215574 Zambian 02/01/2012 19 Stamper 45” Pure Zambian12 23 RRMEASUREMENTS Measured by No Horns Length Tips Rings Base Tip - Tip DNA Measured PREGNANCY INFORMATION L 20.5” 8” 16 6.75” 9” On 28/06/2014 L.Vos No 1 2 1 16 request 19 R 20.5” 7.5” 19 Status 3 Weeks L 22.75” 7.5” 6.5” 13” On 28/06/2014 L.Vos Walking John 47.5” John 47.5” 2 request with Pure Zambian Pure Zambian R 22.5” 7.5”

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth 10/11/2012 74 1♀ Red 17-4 945000000989301 Frans F17 13/01/2013 SELLER 2♀ Blue 2-41 Son of Sam Zambian Zambian X Chimoyo Game Ranch 945000001520696 Frans JM 2 Son of Sam Zambian Zambian X 2 2-4 17-4 RMEASUREMENTS Measured by No Horns Length Tips Rings Base Tip - Tip DNA Measured PREGNANCY INFORMATION 1 L 16” 10.75” 6 6.5” 5.75” On 19/06/2014 Dr. D. Keet No 12 6.25” request R 16” 10.75” 6 Status Yes 2 L 15.75” 9.75” 7 5.5” On 19/06/2014 Dr. D. Keet Walking Cody Cody request with R 15.75” 9” 8 Pure Zambian Pure Zambian

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth 16/01/2007 75A 1♀ White 27 945000001381932 Awaiting DNA Zambian X 02/07/2014 SELLER 1♀ Red 4 74 N/A Makulu White 271 27 B. J. Vorster Western Zambian MEASUREMENTS Horns LR Length 31.8\" 31.5\" Tips 8” 8” Rings 37 37 Base 7” Tip - Tip 10” DNA Available Measured 11/06/2014 4 74 Measured by Dr. Boshoff Pregnancy information Status R Walking with Makulu Western Zambian

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth 25/01/2007 75B 2♀ White 29 945000001386619 Awaiting DNA Zambian X 28/06/2014 SELLER Red 4 73 N/A White 291 1♂ Makulu B. J. Vorster Western Zambian MEASUREMENTS 29 Horns LR Length 30\" 29.5\" Tips 9” 9” Rings 33 33 Base 7” Tip - Tip 9.8” DNA Available Measured 28/04/2014 4 73 Measured by Dr. Boshoff Pregnancy information Status R Walking with Makulu Western Zambian

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth 01/01/2007 76 ♀1 White 42 945000001389155 Makhoma Zambian X 03/04/2014 SELLER White 421 Piet Warren B. J. Vorster ♀1 Orange 4-56 N/A Lucky - Piet Son MEASUREMENTS Western Zambian 42 Horns LR Length 29.25\" 29\" Tips 11” 11” Rings 25 25 Base 6.8” Tip - Tip 10.8” DNA Available Measured 22/04/20144 56 Measured by Dr. Boshoff Pregnancy information Status R Walking with Charlie Son C19

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER 77 1 ♂ Zorro 7110307473 Sam Stamper 25/02/2007 Minnaar Boerdery Zambian X1 Piet Warren daughter ZR MEASUREMENTS Horns LR Length 43” 43” Tips 12” 12” Rings 43 43 Base 9” Tip - Tip 12” Scrotum 25.5 cm DNA Available Measured 16/07/2014 R Measured by Dr. Boshoff

LOT No Sex Quantity Name / Tag Micro chip Sire Dam SELLER 94500000130417778A+B 1 ♂ 1 Yellow 50 945000001310277 Saddleback Black Impala Leopard Rock Game 2 ♂ 1 Yellow 54 Saddleback Black Impala Breeders12 54 50 RR

LOT No Sex Quantity Sire Dam Age Pregnancy 79 ♀ 2 Black Impala Black Impala 2-5 years Certified pregnant by SELLER 2-5 years Saddleback RamA,B,C 1♀ 2 Black Impala Black Impala 2-5 years Leopard Rock Game Certified pregnant by Breeders ♀ 2 Black Impala Black Impala Saddleback Ram Certified pregnant by Saddleback Ram1AR BR CR

LOT No Sex Quantity Name / Tag Micro chip Horn length SELLER 82 1♂ 1 Yellow N/A L 28.5” R 30” B. J. Vorster1 R

LOT No Sex Quantity Name / Tag Micro chip Sire SELLER 183 A+B 2 ♀ 5 Red 1-5 Available 28+” Bull Leon Vos & Seuns ♀ 5 Red 6-10 Available 28+” Bull1 2 RR

LOT No Sex Quantity Name / Tag Micro chip Horn length SELLER N/A 84 1♂ 1 Yellow T1 L 29.5” R 29.5” Zander Osmers1 T1 R

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER 945000001528056 Kyle 43.5\" 01/04/2012 85 1♀ Red 13 945000000986653 Kyle 43.5\" Red 1 18/04/2012 Chimoyo Game Ranch 2♀ Red 3041 RW 31\" Red 30 RW 30\" 2 304 13 RMEASUREMENTS Measured by No RW Spread Tip - Tip Curve Score DNA Measured PREGNANCY INFORMATIONH 1 2O 1 23” 54.5” 77.5 On 15/07/2014 Dr. D. Keet NoR request StatusN 2 22.5” 48.25” 70.75 On 15/07/2014 Dr. D. Keet Walking Majuba 46\" Majuba 46\"S request with SCI 128.25” SCI 128.25”

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER 86 1 ♀ Yellow 84 945000001455046 Kruger bloodline Kruger bloodline 24/03/2012 Piet Potgieter 2 ♀ Yellow 1011 945000001451559 Kruger bloodline Kruger bloodline 05/03/2012 101 2 84 RMEASUREMENTS No Horns SCI RW Spread DNA Measured Measured by L 7\"+7\"+ 48\" 21” Kruger 09/06/2014 Dr. H. Múller 09/06/2014 Dr. H. Múller 1 7\"+7\"+ 42\" 21” bloodline R Kruger L bloodline 2 R

No Sex Qty Name / Tag Stripes Horn length Measured Measured by AgeLOT 1 ♂ 1 Blue 1 L8 R7 L 25” R 25.5” 17/06/2014 Dr. Boshoff ±15 months SELLER Blue 287 1 ♀ 1 Chimoyo Game L7 R8 L 15.5” R 16” 17/06/2014 Dr. Boshoff ±15 months Ranch1 ♀ 1 Blue 3 L4 R2 L 15.5” L 15.5” 17/06/2014 Dr. Boshoff ±15 months11 32 R

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER88 ♂1 Juke 945000001454058 Kruger Park Kruger Park 18/09/2008 Boulders Game Ranch1 MEASUREMENTS 10 Horns RW Spread 45.8” Boss 14 plus 14 SCI 114 DNA Kruger Park Measured 28/05/2014 R Measured by Dr. Boshoff

LOT No Sex Name / Tag Micro chip Sire Dam Date of Birth SELLER 89 ♂1 Jack 945000001531247 Kruger Park Kruger Park 11/02/2008 Boulders Game Ranch1 MEASUREMENTS 11 Horns RW Spread 44.75” Boss 14 plus 14 SCI 120 DNA Kruger Park Measured 28/05/2014 R Measured by Dr. Boshoff

LOT No Sex Qty Name / Tag Micro chip Stripes Horn length Measured Age SELLER90 ♂1 1 LR 33 Yellow 945000001539693 15 L 30” R 30.5” 25/06/2014 4 years Leopard Rock Game Breeders1 33 R

SPESIALE VOORWAARDES / SPECIAL CONDITIONS – BENCHMARK GAME BREEDERS – 29/08/2014 Ons verkoop namens die Verkoper / We are selling on behalf of the Sellera. HOKDIERE: Die risiko van wins en verlies en versorgingsplig gaan oor op die koper met die toeslaan van die a. ANIMALS IN PENS: The risk of profit or loss and the obligation of caring for the animals devolve onto the buyer bod when the bid is knocked down.b. KATALOGUS DIERE: In alle gevalle staak die verantwoordelikheid van die verkoper ten opsigte van verliese b. CATALOGUE ANIMALS: In all instances the sellers responsibility for losses ceases when the animals are loaded met die lewering van die diere op die vervoer- kontrakteur se vragmotor. onto the contractors vehicle.c. Koper moet verkieslik transito versekering uitneem. c. Buyers are advised to make use of transit insurance.2. U koop per stuk om die lot te neem. 2. You are buying per piece to take the lot.a. Betaling per bankgewaarborgde tjek op dag van veiling of elektroniese oorbetaling (EFT) a. Payment: Bank guaranteed cheques or electronic transfer (EFT) on the day of the sale.b. Indien katalogus wild nie op die vervoerkontrakteur se vragmotor gelewer kan word nie om een of ander rede, b. Buyers will be refunded for any short deliveries of catalogue sale animals on the contractor’s vehicle, the capital sal kapitaal plus rente aan die koper terugbetaal word. amount plus interest.4. BTW is betaalbaar. 4. VAT must be paid.5. Bod eenmaal gemaak kan nie teruggetrek word na die val van die hamer nie. 5. A bid once made cannot be withdrawn, after the fall of the hammer.6. Vleissentraal se standaard verkoopsvoorwaardes (Rules Of Auction) bly van toepassing. 6. Vleissentraal’s standard conditions of sale (Rules Of Auction) apply.7. Die Prinsipaal het die geslagte so goed as moontlik bepaal, maar ons waarborg dit nie. 7. The Principal has determined the sexes as well as possible, but does not guarantee the absolute correctness of8. Alle wild wat as dragtig te koop aangebied word ; these. 8.a. Sal tydens die uitlaai, na afloop van die veiling op die Koper se risiko, weer ondersoek en geskandeer 8. All animals offered for sale as pregnant; word om bo alle twyfel te waarborg dat die diere wel dragtig was met die val van die hamer, en 8.a. Will again be examined and scanned upon loading after the auction, at the risk of the Buyer, to proof beyond 8.b. die ondersoek- en skanderings kostes, as verdere diens aan die Kopers, sal deur die verkoper gedra word, doubt that these animals were indeed pregnant at the fall of the hammer, and en 8.b. the costs of the above will be paid by the Seller as an additional service to the buyers, and 8.c. sal die transaksie gekanselleer word indien daar tydens bg ondersoek en skandering vasgestel word dat 8.c. the transaction will be cancelled if this examination determine that an animal is not pregnant and the Seller, die dier nie meer dragtig is nie en sal die Verkoper, Koper en Vleissentraal onmiddelik ingelig word, en Buyer and Vleissentraal will be informed accordingly, and 8.d. Sou die Koper en Verkoper egter na verdere onderhandelings besluit om voort te gaan met die transaksie 8.d. Should the Buyer and Seller wish to negotiate a new transaction, such negotiation will only be conducted sal sodanige onderhandeling deur Vleissentraal as agent geskied. through Vleissentraal as broker.!9. Vleissentraal waarborg niks nie, maak seker dat u gelukkig is met dit waarop u bie. !9. Vleissentraal for its part guarantees nothing. Make sure you are happy with what you are bidding on.10. Gee al u instruksies skriftelik in by die veilingsklerk na afloop van die veiling.11. Vervoer: Die volgende kontrakteurs is bereid om vervoer te doen. Reël asb direk met hulle; 10. All instructions have to be given in writing to the sale’s clerk at the sale. 11. Transport: The following contractors are willing to do the transport. Arrange directly with them.Bundox Wildlife – Marinus - 083 259 5325. Bundox Wildlife – Marinus - 083 259 5325.Vervoertariewe: (gelaaide vrag) Tariffs: (loaded) Canter (2 kompartement) 26.00 + BTW Canter (2 compartments) 26.00 + VAT Trok (3 kompartement) 32.00 + BTW Truck (3 compartment) 32.00 + VAT! Trok & Sleepwa (4 kompartement) 36.00 + BTW ! Truck & Trailer (4 compartment) 36.00 + VAT Perd & Leunwa (7 kompartement) 40.00 + BTW Horse & Link (7 compartment) 40.00 + VAT Thaba Manzi – Hans Kooy 082 891 5889. Thaba Manzi – Hans Kooy 082 891 5889.Vervoertariewe: (gelaaide vrag) Tariffs: (loaded) Trok (2 kompartement) 24.00 + BTW Truck (2 compartment) 24.00 + VAT ! Trok (7 kompartement) 32.00 + BTW Truck (7 compartment) 32.00 + VAT Trok 2 komp plus 4 komp trailer (enkel bulle) 26.00 + BTW Truck (2 comp) plus 4 compartment (single bull) trailer 34.00 + VAT The Auctioneers accepts no liability for the transport arrangements. Die Afslaers aanvaar geen aanspreeklikheid vir die vervoer reëlings nie. 12. WILLEM COETZEE (082 467 1807) and Dr. Marius Louw (08205368359) will control the final pregnancy12. WILLEM COETZEE (082 467 1807) en Dr. Marius Louw (082 5368359) sal die weglaai en finale skandering scanning and loading of the game. Please do not enter the pens yourself. 13. No game will be loaded on Sunday 31 van die wild kontroleer. Moet asb. nie self in die hokke ingaan nie. 14. Game Insurance: Please note that no animals are insured after the fall of the hammer and Buyers are strongly13. Geen wild sal op Sondag 31 Augustus 2014 uitgelaai word nie. advised to arrange their own insurance with the broker of their choice.14. Wildversekering: Geen versekering na die val van die hamer word aangebied nie en Kopers word ten 15. Before bidding make sure from Dept of Environmental Affairs that your property qualifies for the game that you intend to buy. No permits will be issued if the requirements are not met. Buyers of listed TOPS species must sterkste aangeraai om eie versekering uitneem by die versekeraar van u keuse. beforehand be in possession of TOPS permit / Exemption permit / WR reg. certificate. All purchased animals15. Maak vooraf seker by Dept Omgewingsake of u eiendom kwalifiseer vir die wild wat u wil aankoop. Geen have to be paid for today, even if a permit is refused by Environmental Affairs. 16. Minimum sizes to introduce species: 50ha: Impala, Blesbok, Springbuck. 200ha: Other species. 400ha: Giraffe, permit sal aan u uitgereik word as u eiendom nie kwalifiseer nie. T.O.V. bedreigde/beskermde spesies moet u Sable, White Rhino, Tsessebe, Roan & Buffalo. reeds in besit wees van: Vrystellingspermit/ TOPS permit/ WR reg.nr, voordat u aankope doen. Die koper bly 17. BEFORE opening the doors of the truck to unload the animals, count the animals aboard the truck in the steeds verplig om sy aankope vandag te betaal al word sy permit geweier. presence of the truck driver.16. Minimum ha vir hervestiging: 50ha: Blesbok, Rooibok, Springbok. 200ha: Ander spesies. 400ha: Kameelperd, 18. Should an animal be severely injured before being loaded, we shall consult with the veterinarian, and on their Swartwitpens, Basterhart-bees, Witrenoster, Bastergemsbok en Buffels. recommendation, we shall have it destroyed.17. Tel eers die wild voor die diere afgelaai word saam met die vragmotor bestuurder en teken die vragbrief, 19. Animals will be delivered as soon as possible, but only if the buyer has paid for them in full and has met all his VOORDAT u die deure van die vragmotor oopmaak. financial obligations relevant to his purchases. Any arrangements made by the purchaser for the transport of18. Indien u dier ernstig beseer raak voordat dit gelaai is, sal ons in konsultasie met die veearts en op hul game as per par. 10, are subject to the conditions set out in this paragraph. aanbeveling, die dier van kant maak. 20. Kindly complete a route sketch.19. Op voorwaarde dat die Koper sy betalings-verpligtinge ten volle nagekom het, sal sy wild so gou moontlik 21. Permit fees payable to Department of Environmental Affairs. gelewer word. Enige vervoer reëlings in par. 10 is onderhewig aan die bepalings van hierdie paragraaf.20. Voltooi die padkaart agter in die katalogus.21. Permitfooie betaalbaar aan Departement van Omgewingsake. 123

APPLICATION FOR A PERMIT TO IMPORT / EXPORT / CONVEY LIVE WILD ANIMALS FROM A PUBLIC GAME AUCTIONPlease note: Application forms must be completed in legible block letters. Where the space provided is not adequate the information should be attached as an addendum. Any additional information, which the applicant deems necessary, should be attached to this application. DETAILS OF BUYER (i.e. particulars of the destination of wild animals listed on this application)Name & Surname:Company:Registered name of farmFarm number:Size of area where wild animals will be introducedMagisterial District ProvinceID number (Passport number in the case of non-South AfricanTelephone (work) Telephone (home)Cell phone FaxE-mailPhysical PostalAddress Address DETAILS OF TRANSLOCATER OF WILD ANIMALSCompany name: DETAILS OF ANIMALS THAT ARE TO BE TRANSLOCATEDQuantity COMMON NAME Quantity COMMON NAMEMF T MF T DECLARATIONI declare that all information provided is complete and correct to the best of my knowledge; I understand that any falseinformation supplied could lead to my application being disqualified.Signature: Date:

WILDVEILING / GAME SALEVEILING / AUCTION: ______________________________DATUM / DATE: ______________________________KOPERS NO. / BUYERS NR.: ___________________________________________________________________________________________________________Naam / Name: ________________________________________________________________P.O. Box / Posbus: ____________________________________________________________Name of Farm / Plaas se naam: _________________________________________________Town / Dorp: _______________________________________________________________Telephone / Telefoon (Code / Kode) __________________________________________Office / Kantoor: __________________________ Huis / Home: _______________________Sel / Cell: _______________________________ e-Mail: ____________________________Lot Game Purchases / Species Number Special instruction Spesiale instruksiesWild aankope / Spesies AantalAfstand na Plaas / Distance to farm: ** Diere word op eienaar se risiko vervoer. ____________________________________________Vervoerkoste / Transport Money: R _______________________ Transport money paid / reeds betaal _______________________________________________________________________________________________________________________Handtekening Date / DatumSketch of route map on back page (How to reach the farm) / Skets van roetekaart op agterkant van bladsy (Hoe om by u plaas uit te kom)

1. RULES OF AUCTION in respect of sales by 2. Vleissentraal Bosveld (Pty) Ltd (Reg No. 1999/023988/07) of 56 Van Riebeeck Road, Mokopane, 0601,Tel: 015 491 3141 / E-mail: [email protected] / Fax: 015 491 6756 3. (As Auction House hereinafter referred to as the “Auctioneer”,and the person conducting the auction referred to as the “auctioneer”) 4. The Sale by auction is subject to a reserve price, unless specifically stated to the contrary by the auctioneer. 5. The seller (owner) and/or his agent and the auctioneer may bid up to the reserve price of the owner (seller), but shall not be entitled to make a bid equal to or exceeding the reserve price. 6. This Rules Of Auction comply with Section 45 of the Act and the Regulations of the Act and Section 45 of the Consumer Protection Act, Act 68 of 2008 (“the Act”) read as follows: 7. “Auctions: 8. 45.(1) In this section, “auction” includes a sale in execution of or pursuant to a court order, to the extent that the order contemplates that the sale is to be conducted by an auction. 9. 10. (2) When goods are put up for sale by auction in lots, each lot is, unless there is evidence to the contrary, regarded to be the subject of a separate transaction. 11. (3) A sale by auction is complete when the auctioneer announces its completion by the fall of the hammer, or in any other customary manner, and until that announcement is made, a bid may be retracted. (4) Notice must be given in advance that a sale by auction is subject to – 12. 13. (a) a reserve or upset price; or 14. (b) a right to bid by or on behalf of the owner or auctioneer, in which case the owner or auctioneer, or any other person on behalf of the owner or auctioneer,as the case may be, may bid at the auction. 15. (5) Unless notice is given in advance that a sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer – 16. (a) the owner or auctioneer must not bid or employ any person to bid at the sale; 17. (b) the auctioneer must not knowingly accept any bid from a person contemplated in paragraph (a); and 18. (c) the consumer may approach a court to declare the transaction fraudulent, if this subsection has been violated. 19. (6) The Minister may prescribe requirements to be complied with by an auctioneer, or different categories of auctioneer, in respect of – 20. (a) the conduct of an auction; 21. (b) the records to be maintained with respect to property placed for auction; and 22. (c) the sale of any property by auction. The auctioneer will during the auction announce the reason for the auction unless the reason is the normal and voluntary disposal by the owner.126 The auction will commence at the published time and will not be delayed to allow any specific person or more persons to take part in the auction. All goods and livestock (hereinafter referred to as the “assets”) are sold by the Auctioneer as agent on behalf of the Seller, who hereby authorizes the Auctioneer to collect the purchase price from the Buyer and the seller do hereby cedes to the Auctioneer all the seller’s rights, title and interest in and to its claim for payment of the purchase price against the purchaser which session the Auctioneer do hereby accepts. The purchase price excludes VAT and VAT must be added to the purchase price and paid by the Buyer, unless specifically stipulated otherwise by the auctioneer. All assets shall, immediately after the bid has been knocked down and accepted by the Seler, be deemed to have been delivered to the Buyer. Notwithstanding delivery, the Buyer shall not be entitled to remove any purchased assets unless the total amount reflected on the Auctioneer’s invoice in respect of such assets has been paid in full. Notwithstanding delivery, ownership of the purchased assets will not pass to the Buyer until the full purchase price plus interest, if any, is paid. Subject to any reserve placed on any of the assets by the Seller, and the provisions of clause 11 and 12 below, the Buyer at any sale shall be the highest bidder indicated by the auctioneer by the fall of the hammer or by such other means as he or she may select. The auction shall take place under the exclusive control of the auctioneer. The auctioneer reserves the right, in its sole discretion, to refuse the bid of any person, to regulate the bidding and to indicate the highest bidder. If the auctioneer suspects that a bidder has not made a bona fide bid, or is unable to pay the purchase price or has not made satisfactory arrangements for payment of the purchase price, he may refuse to accept the bid of such bidder or accept it provisionally until the bidder has satisfied him that he is in position to pay the purchase price or that he has made satisfactory arrangements for payment thereof. On refusal of a bid under such circumstances the assets may immediately be re-auctioned. In the event of a dispute arising amongst the bidders and or the Auctioneer, the assets in dispute shall, at the sole discretion of the auctioneer, be re-auctioned. Any error by the auctioneer shall be entitled to be corrected by him or her upon discovery. All profit, loss or risk in the assets will pass to the Buyer once it has been delivered to the Buyer who shall at this own risk and expense remove it from the sale venue, subject to 8 above. The Buyer shall be responsible for all costs incurred by either the Seller or the Auctioneer until actual removal of the assets. Should any contractor remove any assets from the sale venue on instruction of the Auctioneer, on behalf of the Buyer, the contractor will be deemed to be the contractor of the Buyer who accepts all costs and risks connected with such removal. The Seller warrants that there are no encumbrances on such assets, that the said assets are the property of the Seller, and that the Seller is competent and legally entitled to dispose of the assets. The Seller further warrants as against the Buyer that the assets are free of any patent or latent defects. The Seller, who offers the assets for sale, accepts all liability regarding the information furnished as to pedigrees, ages, dates of service, state of health or gestation or any other particulars which might be incorrect. In the event of any dispute the Buyer shall only have a claim against the Seller and not against the Auctioneer. The Seller warrants as against the Auctioneer that the assets are free of patent and latent defects and that any right or claim ceded to the Auctioneer in terms of these Rules Of Auction is free of any defect or right of deduction or set-off, and that the said right or claim is fully and immediately enforceable against the Buyer. The Buyer shall, prior to the sale, ascertain whether there are any defects in the assets and any bid by a Buyer shall be considered as acceptance of the assets with any patent or latent defects in their condition at the time of sale. The Buyer shall not be entitled to withhold payment of the purchase price to the Auctioneer as a result of any possible or pending claim that he may have against the Seller on the grounds of misrepresentation or for any other reason whatsoever. The purchase price is payable by the Buyer to the Auctioneer in cash (to the discretion of the Auctioneer) or by bank-guaranteed cheque on the date of sale (“the payment date”) unless other payment terms and or means are agreed between the Auctioneer and the Buyer. The Company reserves the right to refuse any method or means as payment. In the event that the Auctioneer agrees to facilitate the purchase of the assets by paying an amount equal to the purchase price to the Seller before the Buyer makes payment to the Auctioneer (“the Payment Terms Agreement”), then the following shall apply: 22.1 The election to make any payment to the Seller shall be in the sole and absolute discretion of the Auctioneer, which discretion may be exercised separately in regard to each transaction entered into by the Buyer. 22.2 Upon payment of the amount referred to in 10.1 above the Seller's right, title and interest in and to any claims and other rights as against the Buyer in terms of or connected with the sale of the assets shall forthwith be ceded and transferred to the Company which session the Auctioneer hereby accepts.

23. In the event of any Payment Terms Agreement between the Auctioneer and the Buyer, the following shall apply;23.1 No Payment Terms Agreement shall be valid unless reduced to writing and duly signed on behalf of the Auctioneer. The facilitation of any sale by the Auctioneer as referred to in this paragraph 10 shall be strictly subject to the terms and conditions of thePayment Terms Agreement.23.2 In the event of any conflict between the contents of this document and the Payment Terms Agreement, the provisions of the Payment Terms Agreement shall prevail.23.3 No application for credit as defined in section 8 of the National Credit Act, Act 34 of 2005, will be received or considered by the Auctioneer.24. Anyone that intends to bid at the auction (Buyer) must register his or her identity on the bidder’s record prior to the commencement of the auction and such registration must meet the requirements of the FICA (Financial Intelligence CentreAct, 2001) in respect of the establishment and verification of identity of the person and the person must sign the registration entry and the prospective Buyer must furnish the Auctioneer with a copy of his/her identity document and proofof residence.25. Any person who purchases on behalf of a Principal (i.e. natural person) must furnish the Auctioneer with a written signed Power of Attorney, prior to the commencement of the auction, failing which he/she will be personally liable forpayment of any purchases made by him/her. The person bidding on behalf of or signing any document on behalf of the purchaser pursuant to a successful bid hereby binds himself/herself personally as co-principal debtor with theBuyer for payment of the purchase price and personally guarantees all the obligations of the Buyer under this Rules Of Auction.26. A person who attends the auction, to bid and to sign the bidder’s record, on behalf of another person (i.e. on behalf of a company or legal entity) must produce a signed letter of authority that expressly authorizes him or her to bid or signthe bidder’s record on behalf of that person. Where a person is bidding on behalf of another entity the letter of authority must appear on the letterhead of the entity and must be accompanied by a certified copy of the resolution, if required,authorizing him or her to bid on behalf of the entity. The person bidding on behalf of or signing any document on behalf of the Buyer pursuant to a successful bid thereby binds himself personally as co-principal debtor with the Buyer for payment of thepurchase price and personally guarantees all the obligations of the Buyer under these Rules Of Auction.27. In the event where a Buyer allows another person to purchase on his or her buyers number, the registered Buyer shall be liable for payment of such purchases. No bid by an unregistered Buyer will be accepted by the auctioneer and theBuyer will have no claim to any of the assets allegedly purchased by him.28. Until all amounts owing by the Buyer have been paid in full, the Buyer hereby:28.1 irrevocably undertakes to identify the purchased assets in such a manner that he can at any time identify and indicate the assets deemed to be the property of, and pledged to, the Auctioneer.28.2 grants the Auctioneer at all reasonable time’s access to the premises where the assets are stored or kept for the purposes of perfecting its pledge and exercising any other rights in terms of these Rules Of Auction.29. The Buyer and the Seller hereby consent to the jurisdiction of the Magistrate's Court in terms of Section 45 of the Act on Magistrate Court (Act 32 of 1944 as amended) for any action instituted by the Auctioneer against the Buyer although the Auctioneer is entitledto institute proceedings in any competent Court.30. A certificate issued by a Manager of the Auctioneer, whose appointment and authority shall not be necessary to prove, shall be prima facie proof of the amount owing by the Buyer to the Seller or the Auctioneer.31. Any indulgence granted by the Auctioneer to the Buyer or the Seller will not prejudice the rights of the Auctioneer in terms of these Rules Of Auction and such indulgence will not constitute an amendment or waiver or novation of these Rules Of Auction.32. The entries made in the Company's auction roll shall be prima facie evidence of the transaction and shall be binding on the Seller and the Buyer.33. The bidder’s record and the vendor or vendu roll will be made available for inspection within reasonable time after the auction at the office of the Auctioneer during normal business hours free of charge.34. The Auctioneer does have a trust account into which all money will be paid for the benefit of the Seller.35. Any assets entered or offered for sale are subject to payment by the Seller/Buyer of the agreed commission, or in absence of agreement the usual commission by the Seller/Buyer to the Auctioneer at the rate customarily charged by the Auctioneer from time totime, whether the assets are sold at the auction or thereafter, or at any time thereafter by private treaty. Unless otherwise agreed in writing, commission shall become due and payable by the Seller/Buyer upon the fall of the hammer or upon the entering into of anyprivate treaty involving the Seller’s said assets, whichever date is the earlier, and notwithstanding any breach on the part of the Seller/Buyer.36. Every bid shall constitute an offer to purchase the property or goods for the amount bid, which the Seller or the auctioneer may accept or reject in their absolute discretion. The seller and auctioneer are entitled, in their absolute discretion towithdraw the property or goods from the sale prior to acceptance by the seller.37. If no bid equals or exceeds the reserve price, if any, the property or goods may be withdrawn from the auction.38. The Auctioneer accepts no liability for any withdrawal of assets from sale.39. No bid may be withdrawn after the fall of the hammer until the expiry of the confirmation period (if any) that is provided for in the Conditions of Sale, during which time the offer shall be open for acceptance by the Seller or his agent and ifthe offer is accepted the sale shall be deemed to be a sale by auction for purposes of the Act.40. The highest bidder in respect of immovable property, being the Purchaser, shall sign the Conditions of Sale immediately after the fall of the hammer.41. The purchaser’s offer in respect of immovable property shall only be deemed to have been accepted when the seller or his agent or whichever may be applicable, has signed the Conditions of Sale on behalf of the Seller in the spaceprovided at the end of the Conditions of Sale.42. In the event of the sale requiring the consent of any statutory authority or any court of law, then this auction will be subject to the granting of such consent.43. The Buyer and the Seller do hereby consent to the payment of Attorney- and own client costs in the event of any legal action being instituted against them by the Auctioneer or Company.44. Any agreement contrary to these Rules Of Auction shall not be binding unless it is confirmed in writing and signed by a Manager of the Auctioneer.45. If any clause or term of these Rules Of Auction should be invalid, unenforceable and illegal, then the remaining terms and provisions of these Rules Of Auction shall be deemed to be severable there from and shall continue in full force and effect unless suchinvalidity, unenforceable or illegality goes to the root of these Rules Of Auction.46. Default by Buyer: Should the Buyer/Purchaser refuse or otherwise fail to pay the purchase price within 7 days of the due date, the Auctioneer shall be entitled to;46.1 claim interest from the Buyer/Purchaser at 15.5% calculated from the date of purchase to date of payment, and/or46.2 repossesses the assets to resell same at the risk of the defaulting Buyer/Purchaser who shall be liable for all costs in connection with the resale and any loss or damage incurred, and will not be entitled to any profit that may arise from the resale, and/or46.3 institute legal proceedings for the payment of any amount owing or for the return of the assets in which event the provisions of clause 46.2 will apply,46.4 recover the Auctioneer’s legal costs calculated at the Attorney and own Client tariff as well as collection, tracing, storage and transport costs, and46.5 retain in pledge any assets or other property in the possession of the Auctioneer belonging to either the Buyer/Purchaser or the Seller as security for the due fulfilment of any obligation owed to the relevant party or the Auctioneer.47. The Company reserves the right to amend these Rules Of Auction in writing.48. By entering a bid any prospective Buyer binds himself or herself to this Rules Of Auction. 7 May 2014 127

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