PPC LIMITED - Further Cautionary Announcement

Further Cautionary Announcement

 PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000170049
("PPC" or the "Company")

                               FURTHER CAUTIONARY ANNOUNCEMENT

 Shareholders of PPC are referred to various cautionary announcements published on
 the Stock Exchange News Service (“SENS”) on 13 February, 27 March, 11 May and 6
 June 2017, regarding the Heads of Terms entered into by AfriSam Group (Pty) Ltd and
 PPC (collectively the “Parties”), to assess the merits of a potential merger
 (“Proposed Merger”) between the Parties and to enter into formal discussions in
 this regard.


 Shareholders are advised that the due diligence assessment and the discussions
 regarding the Proposed Merger are still in progress and, if implemented, may have a
 material impact on the price of the Company’s shares. Accordingly, shareholders are
 advised to continue exercising caution when dealing in securities of the Company
 until such time a further announcement is made.

 Sandton
 17 July 2017

 PPC:
 Anashrin Pillay
 Tel: +27 (0) 11 386 9000
 Anashrin.Pillay@ppc.co.za

 Financial Advisor and Sponsor to PPC
 Merrill Lynch South Africa (Pty) Ltd

 Financial Advisor to PPC
 Identity Advisory (Pty) Ltd

 Legal Advisors to PPC
 Bowman Gilfillan

 Financial Advisor to AfriSam
 Rand Merchant Bank (a division of FirstRand Bank Limited)

 Identity

 Legal Advisors to AfriSam
 Webber Wentzel
 Nortons Inc

 Financial Communications Advisor:
 Instinctif Partners
 Louise Fortuin
 Mobile: +27 (0) 71 605 4294
 Louise.Fortuin@instinctif.com

Date: 17/07/2017 09:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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