SUMMARY OF AMENDMENTS TO EASYEQUITIES TERMS AND CONDITIONS


1. Our EasyEquities Terms and Conditions (the Contract) have been amended. This notice contains a summary of the latest changes to the Contract.

2. The definitions used in the explanations of the material amendments below are the same definitions used in the Contract.


Material amendments made to the Contract


3.  Baskets
3.1 The Contract has been amended by inserting a new clause 14 entitled "BASKETS", which sets out the terms and conditions applicable to Baskets. Under this new clause, you will be able to purchase certain Baskets of Securities which will be made available on the EasyEquities Platform from time to time. Each Basket will contain a list of certain Issuer Securities preselected by a Basket Selector.

3.2 An additional Basket Administration Fee will be payable in respect of any Baskets purchased in accordance with clause 14.4 of the amended Contract.


3.3 Other amendments
3.4 Clause 2.1(10) has been added to include a definition of "Basket" so that you can understand what a Basket is.

3.5 Clause 2.1(11) has been added to include a definition of "Basket Selector" so that you can understand the role of the person selecting the Basket.

3.6 Clause 2.1(12) has been added to include a definition of "Basket Administration Fee" so that you can understand that the Basket is provided to you at a fee, and how that fee will be disclosed to you.




4 Conclusion

4.1 Having regard to the abovementioned changes, we wish to inform you that the new EasyEquities Terms and Conditions (New Contract) will take effect 10 (ten) Business Days after the date on which they are delivered to you and/or published on the Website (31/05/2016) and that, after the effective date, our relationship and your Trades will be governed by this New Contract.

4.2 If you are not in agreement with the New Contract, you may give us 10 (ten) Business Days written notice to cancel the current Contract and discontinue using our services by sending an email to
helpme@easyequities.co.za which notice must be received by us on or before the effective date. We will assist you with either closing out your Trades or transferring your securities to another broker during the 10 (ten) Business Day notice period, whichever is applicable. However, you will not be allowed to enter into any new Trades during the notice period.

4.3 If you do not give notice to cancel the current Contract and close your Account on or before the effective date, then you are deemed to have accepted the New Contract and if you continue to engage in any Trading using the EasyEquities Platform after this notice has been received by you and/or published on the Website, you agree to be bound by the terms and conditions of the New Contract.

4.4 Please feel free to contact us if you have any queries.



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