Our vision CCD IS A COMPANY ENHANCING SOCIAL

Our vision CCD IS A COMPANY ENHANCING SOCIAL INFRASTRUCTURE INVESTMENT, ACROSS AFRICA. MAKING A DIFFERENCE IN PEOPLES LIVES, THROUGH THE PROVISION OF HOUSING, EDUCATION, TOURISM AND HEALTHCARE INFRASTRUCTURE 1

GROUP STRATEGY Corporate Values Statement A country and its people benefit economically and socially from long term, high yield investments that enhance their well being and quality of life. Development of social infrastructure is the economic imperative for emerging markets. Finding technological solutions that accelerate Africa’s ascendency is a defining challenge for African business in the new economy. Circle is an infrastructure ecosystem company committed to delivering projects using sustainable building materials and local skills. Focus on turn key market penetration using Green technologies Construction Manufacturing n n n Revenue Balancing Sustainable materials New Product development Investments n n Social infra fund Advisory Strategic funding partners Focus on PPP n n n Energy efficient technologies Focus on social infrastructure Local skills and labor force Enterprise Services n n n Efficient resource allocation Procurement platform Strong back office (risk, accounting, legal) Position CCD as an infrastructure ecosystem solution provider through the formation of b 2 b construction alliances and provision of financing options Simple and effective operating strategy 2

Vision 2015 goal Assured growth $500 M Performance § Platform § § § People § Securing and developing talent Harmonising tools and processes § § Enhancing our capabilities Enhancing our geographic footprint Integrated approach Low overheads § § More efficient capital structure Increased acquisitions Shareholder distributions Confluence of factors leads to exponential growth 3

Strengthening our people § § Recruiting talented people Investing in education and training Providing career development Harmonising tools and processes Making the best even better 4

Enhancing our capabilities Social Infrastructure Fund Acquisitions § § § First in South Africa Growing market Leverage PPP structures Focused partner to government § § Africa wide foot print with key assets (Sheraton Pretoria, Addis Abba) Key Real Estate Value for money Products – (Landline to Cell strategy) § § New Advanced Technology Able to bridge the technology divide Improving and extending our services offering Blue text denotes new area of focus 5

Enhancing our geographic footprint § Up-sizing in selected countries § Angola § Mozambique § DRC § Continued growth in South Africa Selective expansion in targeted regions 6

Integrated approach to growth § § New capital projects increasingly large and complex (FFH, Angola Hotels, Ndjili Airport) Growth in Schools, Houses and community buildings Hotels Community Services (fire/police stations) Urgency to customer demands § CCD has an unparalleled services offering: § Advanced technological approach § Low over head costs, § Strategic customer management Schools, Clinics, Hospitals Low income housing Unparalleled services offering 7

Reaching our 2015 goal Margin improvement Revenue growth Revenue Goal Scale * Tax efficiencies Diluted EPS 2015 8

Vision 2015 Planning assumptions § Projections assume “mid cycle” market § Gradual improvement to “neutral” market conditions § No return to buoyancy § § Commodity price stability Government Infrastructure spending will remain high § Growth § Political pressure (Delivery riots, Arab Spring) § 2011 market to remain challenging § Firmly on track to deliver 2011 revenue performance target of R 30 m Projections not dependent on a buoyant market 9

More efficient capital structure § § § Focus on cash flow remains strong § Shareholder distributions Intention to increase level of investment Technology + business model+ market position( expertise + opportunity) + capital = Cash Maximising shareholder returns 10

Growth - Organic and Acquisition § A number of Target Companies § “Bolt-on” transactions (down market creates opportunities for low cost share and asset purchases of construction companies) § Significant opportunities created by product diversification § “Bolt-on” products (complimentary technologies that broaden our opportunities in infrastructure development) Expect to increase level of investment 11

Reaching our 2015 goal Revenue growth Margin improvement Contract acquisition (performance and execution) Product diversificatio n Revenue Goal Scale Focus on expansion, Development s Proactive planning Tax efficiencies Assured growth 12

Vision 2015 goal Assured growth $500 M Performance § Platform § § § People § Securing and developing talent Harmonising tools and processes § § Enhancing our capabilities Enhancing our geographic footprint Integrated approach Low overheads § § More efficient capital structure Increased acquisitions Shareholder distributions Confluence of factors leads to exponential growth 13