MOBILE INDUSTRIES LIMITED - Progress report to shareholders

Progress report to shareholders

MOBILE INDUSTRIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1968/014997/06)
JSE code: MOB
ISIN: ZAE000091435
(“the Company”)

PROGRESS REPORT TO SHAREHOLDERS

Shareholders are referred to the announcement, dated 4 October 2012, and are advised that
representatives of the Company met with representatives of the Issuer Regulation Division of the
JSE Limited (“JSE”) recently. The JSE had previously set a deadline of 31 October 2012 by which
assets were required to be reversed into the Company in order to meet the JSE Listings
Requirements and consequently lift the suspension of the Company’s listing.

At the meeting, the Company tabled a schedule of proposed transactions in order to bring a more
meaningful group to the Market as well as highlighting the various formalities and timelines
required to achieve this. The JSE has accordingly granted the Company an extension until 31 March
2013 to enter into formal agreements relating to the injection of assets into the Company.

Shareholders will be kept informed of progress in this matter.

CAPE TOWN
12 November 2012


Sponsor
Vunani Corporate Finance

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