Conclusion Of The Scheme Of Arrangement TORRE INDUSTRIAL HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 2012/144604/06) Share code: TOR ISIN: ZAE000169322 (“Torre” or “the Company”) CONCLUSION OF THE SCHEME OF ARRANGEMENT Further to the announcement made on 28 November 2012, which referred to the listing of the Torre issued share capital and the remaining salient dates in terms of the Scheme, details of which were contained in the circular posted to shareholders on 14 September 2012, the directors of Torre are pleased to advise that all the conditions precedent in relation to the Scheme have been successfully fulfilled and accordingly the Scheme has become unconditional in all respects and is therefore operative. SA French shares have been terminated and the certificated and dematerialised Scheme Participants will be receiving the Scheme Consideration, being shares in the newly listed Torre, in due course. In addition, the Company has made application to the JSE for the further listing of Torre shares in relation to the Forktech acquisition which was subject to the completion of the Scheme. Johannesburg 6 December 2012 Corporate advisor: AfrAsia Corporate Finance Proprietary Limited Designated advisor: PSG Capital Proprietary Limited Date: 06/12/2012 07:05:00 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.