NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 22           Number of shareholdings   %   Number of shares   %   22. Shareholder analysis                       Shareholder spread                       1 — 1 000 shares     675   25.82   340 052   0.05     1 001 — 10 000 shares     1 204   46.06   4 845 195   0.72     10 001 — 100 000 shares     465   17.79   14 668 764   2.17     100 001 — 1 000 000 shares     179   6.85   58 379 023   8.66     1 000 001 shares and over     91   3.48   596 276 008   88.40     Totals     2 614   100.00   674 509 042   100.00     Distribution of shareholders                       Banks     41   1.57   86 953 292   12.89     Close corporations     37   1.42   1 360 070   0.20     Empowerment     1   0.04   6 863   0.00     Endowment funds     20   0.77   1 528 431   0.23     Individuals     1 912   73.14   176 014 571   26.10     Insurance companies     25   0.96   9 895 932   1.47     Investment companies     18   0.69   19 457 110   2.88     Medical schemes     2   0.08   377 750   0.06     Mutual funds     94   3.60   144 499 339   21.42     Nominees and trusts     262   10.02   38 907 289   5.76     Other corporations     19   0.73   168 943   0.03     Private companies     66   2.52   109 478 857   16.23     Public companies     5   0.19   2 414 723   0.36     Retirement funds     110   4.21   70 572 088   10.46     Treasury stock     2   0.08   12 873 784   1.91     Totals     2 614   100.00   674 509 042   100.00     Public/non-public shareholders                       Non-public shareholders     17   0.66   296 301 278   43.93     Directors and associates     14   0.54   183 427 494   27.19     Strategic holdings (more than 10%)     1   0.04   100 000 000   14.83     Treasury stock     2   0.08   12 873 784   1.91     Public shareholders     2 597   99.34   378 207 764   56.07     Totals     2 614   100.00   674 509 042   100.00     Beneficial shareholders holding 2% or more                       Allan Gray’s clients             114 662 405   17.00     Shotput Investments Proprietary Limited             100 000 000   14.83     Levy, BM             82 917 385   12.29     Levy, MS             75 509 976   11.19     RECM’s clients             34 117 769   5.06     Fidelity Investments             32 092 071   4.76     Investec Investments (UK)             18 780 153   2.78     Nedbank Group             17 981 502   2.67     Wellington Management Company             14 709 595   2.18     Government Employees Pension Fund             13 488 848   2.00     Totals             504 259 704   74.76   NOTES TO THE COMPANY ANNUAL FINANCIAL STATEMENTS l NOTE 22