Buildmax shareholders are advised that Buildmax has posted a circular dated 22 February 2012 ("the circular") to its shareholders in respect of: *the non-binding advisory approval of the Remuneration Policy; and *the adoption of the Buildmax Ltd. Long Term Incentive Plan. Shareholders are advised that the circular includes, inter alia, a notice of general meeting of Buildmax shareholders to be held at the Johannesburg Country Club, 1 Napier Road Auckland Park at 10:00 on Monday, 26 March 2012 ("the general meeting") to consider and if deemed fit, pass the resolutions stated in the notice of general meeting forming part of the circular. The following sets out the salient dates and times in relation to the general meeting. *Record date for receipt of notice of the general meeting Friday, 17 February 2012 *Circular posted to Buildmax shareholders on Wednesday, 22 February 2012 *Last day to trade in order to be eligible to vote Friday, 9 March 2012 *Record date for voting at the general meeting Friday, 16 March 2012 *General meeting of Buildmax shareholders held at 10:00 on Monday, 26 March 2012 *Results of general meeting published on SENS on Monday, 26 March 2012 *Results of general meeting published in the press on Tuesday, 27 March 2012