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NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS

CONTINUED

For the year ended 31 May 2014

220

BLUE LABEL INTEGRATED ANNUAL REPORT 2014

Country

Number of

issued

ordinary

shares

Percentage

held

33.

INTEREST IN SUBSIDIARIES, ASSOCIATES AND

JOINT VENTURES (continued)

2013 (continued)

Subsidiaries (continued)

Indirectly held:

Subsidiary of Blue Label Investments Proprietary

Limited

Gold Label Investments Proprietary Limited

RSA

1 000

100

Subsidiary of The Prepaid Company Proprietary

Limited

Little River Trading 181 Proprietary Limited trading as

Crown Cellular

RSA

100

100

Subsidiary of Ventury Group Proprietary Limited

Cigicell Proprietary Limited (refer to note 4 included in

Group statement of changes in equity)

RSA

100

100

Subsidiary of Africa Prepaid Services Proprietary

Limited

Africa Prepaid Services Nigeria Limited

Nigeria 10 000 000

51

Subsidiaries of Datacel Direct Proprietary Limited

Blue Label Call Centre Proprietary Limited

RSA

300

100

CNS Call Centre Proprietary Limited

RSA

1 000

100

Velociti Proprietary Limited

RSA

1 000

100

Blue Label Data Solutions Proprietary Limited

RSA

100

81

Subsidiary of 2DFine Holdings Mauritius

2DFine Investments Mauritius

Mauritius

1

100

Subsidiaries of Blue Label Mexico S.A. de C.V.

SGC Servicios Y Gestion Corporation S.A. de C.V.

Mexico

500

99.8

Connecta Systems LLC

USA

1 000

100

Pagacel S.A. de C.V.

Mexico

500

99.8

Transipago S.A. de C.V.

Mexico

500

99.8