Bidvest Group Limited and Bid Corporation Limited unbundling

| February 9, 2016

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Bidvest Group Limited (”BVT”) is an international services, trading and distribution company listed on the JSE and operating on five continents. The evolution of BVT into two distinct businesses comprising Bidvest Industrial, a major diversified industrial group operating in Southern Africa, and Bidvest Foodservice, a global foodservice business operating in multiple geographies, has been a natural progression over many years. In this regard, BVT recently announced its intention to unbundle and separately list its foodservice business as Bid Corporation Limited (“BID”).

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