analysis of shareholders
at 31 August 2007

  Number of Percentage Number of Percentage
Public and non-public shareholders holders of holders shares of shares
Public shareholders 3 653 99.8% 324 730 493 96.7%
Non-public shareholders        
   Shares held by directors 6 0.2% 256 682 0.1%
   The New Clicks Holdings Share Trust 1 0.0% 2 808 925 0.8%
   Treasury stock held by New Clicks South Africa (Pty) Limited 1 0.0% 8 161 142 2.4%
Total non-public shareholders 8 0.2% 11 226 749 3.3%
Total shareholders 3 661 100.0% 335 957 242 100.0%

According to the company’s register of shareholders, read in conjunction with the company’s register of disclosure of beneficial interests made by registered shareholders acting in a nominee capacity, the following shareholders held 5% or more of the issued share capital at 31 August 2007:

      Number of Percentage
Major beneficial shareholders     shares of shares
Public Investment Corporation     40 859 439 12.2%
Investment Solutions     24 121 393 7.2%
Trakprops 141 (Pty) Limited     20 836 659 6.2%
Sanlam     16 853 911 5.0%
      102 671 402 30.6%
      Number of Percentage
Major fund managers     shares of shares
Sanlam Investment Managers     53 245 775 15.8%
Coronation Fund Managers     36 254 382 10.8%
Allan Gray Limited     35 638 297 10.6%
Investec Asset Management     31 857 195 9.5%
RMB Asset Management     28 728 000 8.6%
Old Mutual Investment Group     25 063 054 7.5%
Oasis Asset Management     18 049 787 5.4%
Stanlib Asset Management     17 841 927 5.3%
      246 678 417 73.5%
  Number of Percentage Number of Percentage
Distribution of registered shareholdings holders of holders shares of shares
1 - 1 000 1 747 47.7% 529 873 0.1%
1 001 - 10 000 1 248 34.1% 4 430 663 1.3%
10 001 - 100 000 375 10.2% 13 680 398 4.1%
100 001 - 1 000 000 221 6.1% 75 534 933 22.5%
1 000 001 shares and over 70 1.9% 241 781 375 72.0%
  3 661 100.0% 335 957 242 100.0%
  Number of Percentage Number of Percentage
Classification of registered shareholdings holders of holders shares of shares
Mutual funds 187 5.1% 119 030 552 35.4%
Pension funds 211 5.8% 89 519 455 26.6%
Insurance companies 33 0.9% 36 630 822 10.9%
Banks 102 2.8% 23 373 648 7.0%
Private companies 79 2.2% 21 814 661 6.5%
Investment companies 27 0.7% 20 486 738 6.1%
Own holdings 1 0.0% 8 688 392 2.6%
Individuals 2 490 68.0% 6 983 196 2.1%
Nominees and trusts 406 11.1% 2 957 840 0.9%
Other 125 3.4% 6 471 938 1.9%
  3 661 100.0% 335 957 242 100.0%