WILLIAM TELL HOLDINGS LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

William Tell Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2004/030045/06)
Share code: WTL ISIN: ZAE000098133
(“William Tell” or “the Company”)


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Further to the cautionary announcement dated 31 August 2012 and the subsequent renewal of cautionary
announcements, the last of which was dated 2 January 2014, the announcement regarding the voluntary
suspension of listing dated 27 September 2012 and the voluntary announcements regarding the liquidation
of William Tell Industries Proprietary Limited (“William Tell Industries”) dated 5 October 2012 and 28
November 2012, shareholders are advised that the full impact of the liquidation of William Tell Industries is
still being determined, which may have a material effect on the price of William Tell’s securities.

Furthermore, shareholders are advised that further to the renewal of cautionary announcements dated
20 August 2013, 14 November 2013 and 2 January 2014, it is clear that no funds will flow to the Company
for distribution to shareholders and that William Tell and the remaining subsidiaries will be orderly liquidated
in due course. This process is still being finalised and accordingly, shareholders are advised to continue
exercising caution when dealing in the Company’s securities, until a further announcement is made.

Subsequent to prior updates the Chairman wishes to advise shareholders that he will call a shareholders
meeting in due course to propose a possible rescue scheme for William Tell and its remaining two subsidiaries 
Tellprop Proprietary Limited and ELB Ultrabord Proprietary Limited.

Johannesburg
13 February 2014

Designated Adviser
Merchantec Capital

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