ADDITIONAL INFORMATION FOR ANALYSTS 27 March 2012

2 Content Segmental balance sheet Other segmental information Net debt breakdown Freight Services contribution by business unit Trading volumes

3 Segmental balance sheet as at 31 December 2011 R million ShippingFreight Services Trading Financial Services Group costs Total Group Fixed assets Non-current assets ( ) Current assets excluding cash (28 535) Bank and cash Total assets Equity ( )( )( )( )( )( ) Preference share capital -( )( )( )-( ) Debt ( )( )( )( )( )( ) Non-current liabilities (43 685)( )(5 506)( )(6 237)( ) Current liabilities ( )( )( )(52 028)(58 591)( ) Total equity and liabilities ( )( )( )( )( )( )

4 Other segmental information R 000 ShippingFreight Services Trading Financial Services Group costs Total Group Depreciation and amortisation Net interest (48 010) Preference dividends

5 Net debt 31 December 2011 Short-term loans Bank and cash Recoverables on cancelled ships Loans and advances to Bank customers Liquid assets and short-term negotiables Non-current assets held for sale- Long-term loans( ) Current portion of long-term loans( ) Short-term borrowings and overdraft( ) Non-current liabilities held for sale- Deposits from Bank customers( ) Net debt( )

6 Freight Services contribution by business unit Freight Services Revenue EBITDA Operating income Share of joint venture and associate profit71105 Attributable income Ports and Terminals Revenue EBITDA Operating income Share of joint venture and associate profit4278 Attributable income Margins (%)3033 Logistics Revenue EBITDA Operating income11923 Share of joint venture and associate profit2927 Attributable income10625 Margins (%)6,01,0

7 Trading - volumes Trading division volumes: 7,5 million tonnes traded