Karen Jenkins

Research and Consulting Services

Tel: 021 976 3419

Cell: 082 740 3463

11 December 2009

BROAD-BASED BLACK ECONOMIC EMPOWERMENT STATUS:

LAGOONA (PTY) LTD

Company Reg No: 1989/06985/07

VAT No: 4530125972

Physical address: 7 Techno Crescent

Western Province Park

Epping

7460

As a qualifying small enterprise (QSE), Lagoona has elected to evaluate itself based on the four elements listed below, as contained in the Codes of Good Practice on Black Economic Empowerment.

The score achieved as at 30 June 2009 is 67% and Lagoona is therefore categorised as a level 4 contributor with a BEE recognition level of 100%.

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SCORECARD APPLIED: / CODE SERIES 800: CODES OF GOOD PRACTICE FOR QUALIFYING SMALL ENTERPRISES (QSE'S)
WEIGHTING PERCENTAGE / MEASUREMENT CATEGORY AND CRITERIA / WEIGHTING POINTS / COMPLIANCE TARGETS / LAGOONA / SCORE AS AT 30 JUN 09
STATEMENT 803: EMPLOYMENT EQUITY FOR QSE'S
25 / Yrs 0-5 / Yrs 6-10
Black representation at management level as a % of all management employees using adjusted recognition for gender / 15 / 40% / 60% / 70% / 15
Black employees as a % of all employees using adjusted recognition for gender / 10 / 60% / 70% / 69% / 10
Bonus points for meeting or exceeding the EAP targets in each category above / 2 / 1
STATEMENT 804: SKILLS DEVELOPMENT FOR QSE'S
25 / Skills development expenditure on learning programmes for black employees as a % of the leviable amount using adjusted recognition for gender / 25 / 2% of leviable amount / 0.015% / 0.2
STATEMENT 806: ENTERPRISE DEVELOPMENT FOR QSE'S
25 / Average annual value of all Enterprise Development Contributions made by the Measured Entity as % of the target / 25 / 2% of NPAT / 2.4% / 25
STATEMENT 807: SOCIO-ECONOMIC DEVELOPMENT FOR QSE'S
25 / Average annual value of all Socio-economic Development Contributions by the Measured Entity as % of the target / 25 / 1% of NPAT / 0.63% / 15.6
TOTAL BEE SCORE / 67
Contributor level / 4
BEE recognition level / 100%

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