ISA HOLDINGS LIMITED - Cautionary Announcement

Cautionary Announcement

ISA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/009608/06)
Share Code: ISA ISIN: ZAE000067344
(“ISA” or “the Company”)


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that ISA has entered into negotiations, which if successfully concluded may
have a material effect on the price of the Company’s securities.

Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities
until a further announcement is made.

Johannesburg
2 September 2013

Designated Adviser
Merchantec Capital

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