To the shareholders of The Bidvest Group Limited

The directors are responsible for the preparation and fair presentation of the Group and Company financial statements in accordance with International Financial Reporting Standards, the interpretations adopted by the International Accounting Standards Board, South African interpretations of Statements of Generally Accepted Accounting Practice, and in the manner required by the Companies Act of South Africa.

The directors’ responsibility includes: designing, implementing and maintaining internal control relevant to the preparation and fair presentation of these financial statements that are free from material misstatement, whether due to fraud or error; selecting and applying appropriate accounting policies; and making accounting estimates that are reasonable in the circumstances.

The directors acknowledge their responsibility to ensure the integrity of the integrated report and are of the opinion that the integrated report addresses all material issues and presents fairly the integrated performance of the organisation and its impacts.

The directors’ responsibility also includes maintaining adequate accounting records and an effective system of risk management.

The directors have made an assessment of the Group and Company’s ability to continue as a going concern and there is no reason to believe that the Group and Company will not be going concerns in the year ahead.

The auditors are responsible for reporting on whether the Group and Company financial statements are fairly presented in accordance with the applicable financial reporting framework.

The Group financial statements and financial statements of the Company as identified in the first paragraph, were approved by the board of directors and are signed on its behalf by:

Cyril Ramaphosa Chairman August 27 2011	Brian Joffe Chief executive