Contents

Contents

Legal Compliance

This website is intended for information purposes only. Whilst every effort has been made to ensure the accuracy of the information provided, past performance is not necessarily a guide to the future.

Investing in securities traded on stock exchanges, in unit trusts and bonds carries an inherent risk. This means that the value of any investment may fall as well as rise and the full amount originally invested may not be recovered. Foreign investments will be denominated in an offshore currency and as such carry a currency risk.

Weekly Market Report

Information and opinions presented in our Weekly Report are obtained or derived from public sources that Overberg Asset Management believes are reliable but makes no representations as to their accuracy or completeness. Any opinions, forecasts or estimates herein constitute a judgement as at the date of this Report and should not be relied upon. There can be no assurance that future results or events will be consistent with any such opinions, forecasts or estimates. Furthermore, Overberg Asset Management accepts no responsibility or liability for any loss arising from the use of or reliance placed upon the material presented in this regular Report.

Email disclaimer

All emails sent by us and bearing the designation "@overberg.biz" (including any attachments) are confidential and may be privileged. Nothing in any email message constitutes an offer, warranty or representation from us. If you have received a message by mistake please notify the sender by return e-mail and delete the message from your system. Any unauthorised use or dissemination of the message in whole or in part is strictly prohibited. Please note that e-mails are susceptible to unauthorized amendment. Overberg Asset Management shall not be liable for the improper or incomplete transmission of the information contained in the communication nor for any delay in its receipt or damage to your system. Overberg Asset Management does not guarantee that the integrity of the communication has been maintained nor that the communication is free of viruses, interceptions or interference. We cannot be held liable for any harm or loss resulting from malicious software code or viruses in any message or attachments, including data corruption resulting there from. None of our employees or representatives are permitted to send unsolicited messages ("spam") and our company cannot be held liable therefore. If you regard any message as spam, please inform us immediately by sending an email to info@overberg.biz. This disclaimer applies to any original message, any attachments and all subsequent messages or attachments we may send. If you have any questions on the above disclaimer, please contact Overberg Asset Management on 028 254 9013, between 8.00am and 18:00pm Monday to Friday.

Compliance

Overberg Asset Management (Pty) Ltd is a registered investment manager, licensed and regulated by the Financial Services Board of South Africa as a Category 2 financial services provider in terms of the Financial Advisory and Intermediary Services Act (License No: 783).

Overberg’s Key Individual is Nick Downing, based at P.O. Box 180, Greyton, 7233, South Africa. Tel: 028 254 9013 or 082 555 5334.

Overberg Asset Management (OAM) has appointed Compli-Serve SA Pty Ltd (Compli-Serve) to provide compliance officer services. Compli-Serve was authorised by the Financial Services Board as a compliance practice in 2003 (license number CO194) and provides compliance related services across a wide spectrum of the financial services sector, including asset managers. Compli-Serve has a team of compliance professionals located in Cape Town, Johannesburg, Pretoria, Durban and Bloemfontein.

OAM chose Compli-Serve for its excellent reputation, its specialisation in category 2 asset managers, and its presence across South Africa’s main business centres. In addition to the highly qualified team of experienced independent compliance professionals, Overberg Asset Management has full access to Compli-Serve’s substantial support infrastructure. Support includes Compli-Serve’s compliance documentation library, its online FAIS/FICA testing programs, online compliance news portal, regulatory exam training, as well as seminars and workshops.

OAM strives to continuously improve its level and standard of compliance, which with the assistance of Compli-Serve it is confident of maintaining at a world-class level.

Read more about Compli-Serve

Board of Directors

Nick Downing

P.O. Box 180, Greyton, 7233, South Africa
Tel: 028 254 9013 or 082 555 5334.

Gemma Downing

P.O. Box 180, Greyton 7233, South Africa
Tel: 028 254 9277 or 082 568 9990.

Gideon Fourie

P.O. Box 180, Greyton, 7233, South Africa
Tel: 028 254 9013 or 073 517 0058.

Brett Birkenstock

Unit 6294, Erinvale Estate
Somerset West, 7130, South Africa
Tel: 021 852 6040 or 082 303 0573

Carel la Cock

9 Paterson Street, Hermanus, 7200, South Africa
Tel: 028 312 1783 or 076 703 0253