LABAT AFRICA LIMITED - Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
(“Labat” or “the company”)
ISIN Code: ZAE 000018354 Share code: LAB


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Further to the cautionary announcement and detailed cautionary announcements
dated 17 May 2013, 21 June 2013 and 02 August 2013 respectively, the company
remains in negotiations, subject to a due diligence and conditions precedent, for the
acquisition of a number of licences issued by the Government of Namibia to Palatina,
for the right to engage in the exploration and development of oil and gas in off-shore
Namibia as well as an intended rights offer. The company is also considering the
disposal of its SAMES property, which will require the approval of shareholders in a
general meeting.

Shareholders are accordingly advised to continue to exercise caution when dealing in
the company’s securities until full and further announcements are made.

Johannesburg
13 September 2013

Sponsor
Arcay Moela Sponsors Proprietary Limited

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