ILIAD AFRICA LIMITED - Cautionary announcement

Cautionary announcement

Iliad Africa Limited
Incorporated in the Republic of South Africa
(Registration number 1997/011938/06)
Share Code: ILA ISIN: ZAE000015038
(“Iliad” or “the Company”)



CAUTIONARY ANNOUNCEMENT



Shareholders are advised that Iliad is in discussions regarding the possible sale of a portion of its
Specialised Building Materials division portfolio, and the outcome of these discussions may have an
effect on the price at which Iliad’s shares trade. Accordingly, shareholders are advised to exercise
caution when dealing in the company`s shares until a detailed update is published.




Johannesburg

21 February 2013

Sponsor: Bridge Capital Advisors (Pty) Limited

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