ASTORIA INVESTMENTS LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

ASTORIA INVESTMENTS LTD
(Incorporated in the Republic of Mauritius)
(Registration number 129785 C1/GBL)
SEM share code: ATIL.N0000
JSE share code: ARA
ISIN: MU0499N00015
(“Astoria” or “the Company”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Astoria shareholders are referred to the Company’s summarised unaudited results for the quarter ended 31 March 2022
wherein shareholders where, inter alia, advised that Astoria intends to acquire a 25.1% interest in International Mining
and Dredging Holdings for an aggregate consideration of $5.5 million (the “Proposed Transaction”) as well as the
cautionary announcement released on 6 June 2022.

Finalisation of the agreements for the Proposed Transaction are still in process and Astoria shareholders are accordingly
advised to continue to exercise caution when dealing in the Company’s securities until further details are released.

Astoria has primary listings on the Stock Exchange of Mauritius and the Alternative Exchange of the JSE.

This announcement is issued pursuant to SEM Listing Rules 11.3 and Rule 5(1) of the Securities (Disclosure Obligations
of Reporting Issuers) Rules 2007. The board of directors of Astoria accepts full responsibility for the accuracy of the
information contained in this announcement.

19 July 2022

Mauritius


JSE Designated Advisor
Questco Corporate Advisory Proprietary Limited

Company Secretary
Clermont Consultants (MU) Limited

Date: 19-07-2022 10:00:00
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