Development Bank of Southern Africa Act, 1997 (Act No. 13 of 1997)

Unless otherwise directed by the Board, an instrument appointing a proxy may be in the following form or in any other form acceptable to the meeting:

                                            "DEVELOPMENT BANK OF SOUTHERN AFRICA LIMITED

I, ....................................................................................................................................................

being one of the shareholders of the above Bank, hereby appoint..................................................

.......................................................................................................................................................

of ...................................................................................................................................................

or, failing him/her ................................................... of...................................................................

as my proxy at the meeting of shareholders to be held on the .......................................................

.........................................................................day of ...................................................................

or at any adjournment thereof.

AS WITNESS my hand this ...................................................... day of .............................................

......................................................................................... 19 .....................................................".