Closing of the restructuring of the ARM Broad-Based Economic Empowerment Trust and disclosure of changes to beneficial interests in ARM securities

Shareholders of ARM (“Shareholders”) are referred to the announcements released on the Stock Exchange News Service of the JSE Limited on Monday, 15 February 2016, Friday, 11 March 2016 and Wednesday, 13 April 2016 regarding the proposed specific repurchase by a wholly-owned subsidiary of ARM, Opilac Proprietary Limited (“Opilac” or “Subco”), of approximately 12.7 million ARM ordinary shares (“ARM Shares”) held by the ARM Broad-Based Economic Empowerment Trust (the “Trust”) and the provision of a subordinated unsecured loan by ARM to the Trust (the “Proposed Restructuring”) and are advised that all the conditions precedent relating to the Proposed Restructuring have now been fulfilled. Accordingly the Proposed Restructuring has become unconditional.

Shareholders are further advised in accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, that ARM has received formal notifications from:

• the Trust, that it has disposed of a beneficial interest of 5.83% of ARM Shares such that the total of all beneficial interests of the Trust are now 7.29% of the total issued ARM Shares; and
• Opilac (Subco), that it has acquired a beneficial interest of 5.83% of ARM Shares such that the total of all beneficial interests of Opilac (Subco) is now 5.83% of the total issued ARM Shares.

For all investor relations queries please contact:

Jongisa Magagula
Head of Investor Relations and Corporate Development
Office: +27 11 779 1507
Email: jongisa.magagula@arm.co.za

Johannesburg
22 April 2016

Financial adviser and transaction sponsor
UBS South Africa Proprietary Limited

JSE sponsor
Deutsche Securities (SA) Proprietary Limited