BDM BDM BDM - Buildmax - Posting of Circular to Buildmax Shareholders BUILDMAX LIMITED Incorporated in the Republic of South Africa (Registration No. 1995/012209/06) Share Code: BDM ISIN Code: ZAE000011250 ("Buildmax") POSTING OF CIRCULAR TO BUILDMAX SHAREHOLDERS 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 Limited 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 22 February 2012 Sponsor Java Capital Date: 22/02/2012 15:52:01 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.