ICC - Industrial Credit Company Africa Holdings Limited - Renewal of cautionary announcement INDUSTRIAL CREDIT COMPANY AFRICA HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/010950/06) Share code ICC ISIN ZAE000053203 ("ICC" or "the Company") RENEWAL OF CAUTIONARY ANNOUNCEMENT Further to the cautionary announcement dated 28 July 2010, shareholders are advised that the proposed transaction as referred to in the announcement dated 08 June 2010 in respect of the proposed acquisition of First Light Administration Services (Proprietary) Limited ("the transaction") was not approved by the JSE in terms of the conditions precedent regarding section 6(iii) of said announcement. The JSE has however indicated that ICC must represent the transaction in the first quarter of 2011 for reconsideration. Due to the delay in the transaction requiring the shares in ICC to be actively trading on the JSE, the proposed transaction with Sekunjalo Investments Limited has been cancelled and new terms are being negotiated. ICC shareholders are hereby therefore advised to continue to exercise caution in dealing in the Company`s securities until a full announcement is made. Johannesburg 08 September 2010 Sponsor ARCAY MOELA SPONSORS (PROPRIETARY) LIMITED Date: 08/09/2010 09:22:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.