TORRE INDUSTRIES LIMITED - Extension to posting of Transaction circular

Extension to posting of Transaction circular

TORRE INDUSTRIES LIMITED
Incorporated in the Republic of South Africa
(Registration number 2012/144604/06)
Share code: TOR
ISIN: ZAE000188629
(“Torre” or the “Company”)

Extension to posting of Transaction circular

1. Introduction

   Shareholders are referred to the announcement released on SENS on 22 November 2016
   (“Terms Announcement”) in which they were advised that Torre, through its wholly-owned
   subsidiary Torre International, reached agreement with AAF, Phatisa and Kanthu in terms of
   which AAF will, jointly with Kanthu, acquire Torre’s 55% shareholding in and shareholder loan
   claims against Kanu.

   Defined terms used in this announcement bear the same meaning as those used in the Terms
   Announcement.

2. Extension of time to post the Transaction circular

   Torre shareholders are advised that the JSE has granted the Company an extension to the
   posting date of the circular relating to the Transaction until 31 March 2017.

   The Company will publish an update SENS announcement should there be any changes to this
   date as well as confirm once the circular has been posted.



Johannesburg

3 March 2017

Sponsor

RAND MERCHANT BANK (A division of First Rand Bank)

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