MURRAY &  ROBERTS HOLDINGS LIMITED (Company registration number 1948/029826/06) Share code: MUR   ISIN: ZAE00008983 (“the Company”) If you are a dematerialised shareholder, other than with “own name” registration, do not use this form. Dematerialised shareholders’, other than with “own name” registration, instructions should be provided to their appointed CSDP or broker in the form stipulated in the custody agreement entered into between the shareholder and the CSDP or broker. I/We (please print) of do hereby appoint (see note 2) 1. 2. 3. the chairman of the annual general meeting (“AGM”), as my/our proxy to vote for me/us on my/our behalf at the AGM which will be held at 12:00 on Wednesday, 27 October 2004 at the EG Pringle Conference Room, Douglas Roberts Centre, 22 Skeen Boulevard, Bedfordview, for the purpose of considering and, if deemed fit, passing, with or without modification, the resolutions to be proposed thereat, at each adjournment thereof and to vote on  the resolutions in respect of the ordinary shares registered in my/our name/s in accordance with the following instructions (see note 3): Number of votes (insert) In favour Against Abstain 1. To receive and consider the financial statements 2. Re-election of directors retiring in terms of Article 89 N Jorek JM McMahon NM Magau 3. Re-election of directors, retiring in terms of Article 83 SE Funde AA Routledge SJ Macozoma 4. to re-appoint the auditors, Deloitte &  Touche 5. Special resolution number 1 – general authority for re-purchase of shares 6. Ordinary resolution number 1 – placing of 19 543 085 ordinary un-issued shares under control of the directors for the purposes of the continued implementation of the Employee Share Purchase Scheme Ordinary resolution number 2 – placing of 30 000 000 ordinary un-issued shares under the control of the directors to allot and issue (including but not limited to allotment to ordinary shareholders as capitalisation shares) Ordinary resolution number 3 – authority to directors to allot and issue ordinary shares or any options or convertible securities into ordinary shares for cash, but not exceeding 10% of the issued share capital of the company Ordinary resolution number 4 – to amend the option period contained in the Employee Share Incentive Scheme, from 10 years to 6 years 7. Remuneration of non-executive direcctors 8. Any other business Signed at                                                                               on                                                                                  2004 Signature Assisted by me (where applicable) Each member is entitled to appoint one or more proxies (none of whom needs to be a member of the company) to attend, speak and, on a poll, vote in place of that member at the AGM. PLEASE READ THE IMPORTANT NOTES ON THE REVERSE SIDE Form of Proxy