PRESS RELEASE FOR IMMEDIATE RELEASE

7 MAY 2010

Disclosure of significant holding of Reinet Investments S.C.A. (`Reinet΄) shares.

Reinet has been advised by Public Investment Corporation Limited (`PIC΄), private bag X187, Pretoria 0001, Republic of South Africa that accounts under its management hold 295 048 871 Reinet South African Depository Receipts (`DRs΄), equivalent to 29 504 887 Reinet shares. Accordingly, PIC’s holding indirectly represents 15.0580 per cent of the voting rights in Reinet.

Reinet DRs are issued by Richemont Securities AG, a company held jointly by Reinet and Compagnie Financière Richemont SA. In its capacity as depository, Richemont Securities AG holds one share in safe custody for every 10 Reinet DRs in issue.

The information contained in this press release is not considered to be price sensitive.

Reinet Investments Manager SA
for and on behalf of Reinet Investments SCA

Website: www.reinet.com

Reinet Investments SCA is a partnership limited by shares incorporated in the Grand Duchy of Luxembourg and having its registered office at 35 Boulevard Prince Henri, L 1724 Luxembourg.

Reinet shares are listed on the Luxembourg Stock Exchange and Reinet DRs are listed in Johannesburg on the exchange operated by the JSE Limited. Reinet shares are included in the 'LuxX' index of the principal shares traded on the Luxembourg exchange and the DRs are included in the JSE ‘Top 40’ Share Index.

Reinet Investments S.C.A.

Registered office: 35, Boulevard Prince Henri, L-1724 Luxembourg