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					BEE RATING AGENCY DOCUMENTS                                                                                                                                            Page 1 of 2



                                                                        THE BALANCED SCORECARD

                                                                                                                                Indicator              Bonus preferential Weighting
Core components           BEE Elements     Code Ref       Weighting   Indicators                                                            Targets
                                                                                                                                Weighting              provision
                          Ownership        BEE 100        20%         Unrestricted voting rights in the Enterprise in the             3%     25% + 1   Introduction of new entrants and
                                                                      hands of black people                                                    vote    BEE ownership in excess of
                                                                      Unrestricted voting rights in the Enterprise in the            2%        10%     target.
                                                                      hands of black women
                                                                      Economic interest in the Enterprise to which black             4%        25%
                                                                      people are entitled.
                                                                      Economic interest in the Enterprise to which black             2%        10%
                                                                      women are entitled.
DIRECT EMPOWERMENT                                                    Economic interest in the Enterprise to which black             1%        2.5%
                                                                      designated groups is entitled.
                                                                      Level of unrestricted entitlement of black people to           8%        25%
                                                                      receive their economic interest in the Enterprise (as
                                                                      percentage of total ownership)
                          Management       BEE 200        10%         Weighted management representation scorecard (See             10%        40%     Women management, different
                                                                      BEE 200)                                                                         management positions weighted
                                                                                                                                                       according to seniority and
                                                                                                                                                       executive involvement.



                                                                                                                                Indicator              Bonus preferential Weighting
Core components           BEE Elements     Code Ref       Weighting   Indicators                                                            Targets
                                                                                                                                Weighting              provision
                          Employment       BEE 300        10%         Weighted employment equity scorecard                           10%       50%     Women representation.
                          equity                                      (See BEE 300)
                          Skills           BEE 400        20%         Investment in skills development (in addition to skills       15%         3%     Fast track programs for black
HUMAN RESOURCE
                          development                                 development levy) as a percentage of payroll                                     employees and management.
DEVELOPMENT
                                                                      Learnerships: learnership positions (as a percentage           5%         3%     Provision of skills development
                                                                      of employees)                                                                    programs and learnership in
                                                                                                                                                       priority skill areas.




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BEE RATING AGENCY DOCUMENTS                                                                                                                                                        Page 2 of 2




                                                                                                                                 Indicator                        Bonus preferential Weighting
Core components           BEE Elements    Code Ref       Weighting   Indicators                                                              Targets
                                                                                                                                 Weighting                        provision
                          Preferential    BEE 500        20%         Affirmative procurement from excellent BEE                  18%         50%                  Procurement from excellent
                          procurement                                contributors (BEE percentage score as per                                                    contributors (recognised at
                                                                     scorecard, between 80 and 100 points)                                                        R1.25 for every R1 of spend).
                                                                     Affirmative procurement from good BEE                                                        Procurement from good
                                                                     contributors (BEE percentage score as per                                                    contributors (recognised at R1
                                                                     scorecard, between 65 and 79 points)                                                         for every R1 of spend).
                                                                     Affirmative procurement from satisfactory BEE                                                Procurement from satisfactory
                                                                     contributors (BEE percentage score as per                                                    contributors (recognised at 50c
                                                                     scorecard, between 45 and 65 points)                                                         for every R1 of spend).
                                                                     Implementation of robust, independent verification          2%          Mechanism
                                                                     and reporting mechanism to avoid fronting                               which verify BEE
                                                                                                                                             status of
                                                                                                                                             suppliers
                                                                                                                                             reported under
                                                                                                                                             preferential
                                                                                                                                             procurement and
                                                                                                                                             utilisation of Dti
                                                                                                                                             approved
                                                                                                                                             accreditation
INDIRECT EMPOWERMENT
                                                                                                                                             agencies
                          Enterprise      BEE 600        10%         Monetary investment in SMME with excellent or               8%          5% - 10%             The sum percentage score
                          development                                good BEE contributions (as percentage of Net Asset                      (depending on        achieved through monetary
                                                                     value/EBITDA/Total procurement)                                         base used)           investment and quantifiable
                                                                     Quantifiable non-monetary support to SMME with              2%          2% - 5%              non-monetary support is
                                                                     excellent or good BEE contributions                                     (depending on        summed to arrive at the
                                                                     (as percentage of Net Asset value/EBITDA/Total                          base used)           enterprise development points
                                                                     procurement)                                                                                 (The maximum achievable
                                                                                                                                                                  percentage score for enterprise
                                                                                                                                                                  development is 10)
                          Residual        BEE 700        10%         Industry specific initiatives to facilitate the inclusion   10%         3%                   Total contribution toward these
                          Element                                    of black people in their sector (as a percentage of                                          initiatives is summed relative to
                                                                     net profit)                                                                                  net profit of an enterprise. The
                                                                     Industry specific initiatives to promote black                                               total achievable percentage
                                                                     economic empowerment (as a percentage of net                                                 score for these initiatives is 10.
                                                                     profit)                                                                                      (Initiatives that does not
                                                                     Corporate social investment initiatives in health,                                           promote the empowerment of
                                                                     education, poverty alleviation and community                                                 black people are specifically
                                                                     development (as a percentage of net profit)                                                  excluded).




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