No change statement and suspension on trading of shares SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE share code: SCL AIM share code: SAC ISIN: ZAE000127460 (“SacOil” or the "Company”) No change statement and suspension on trading of shares Integrated Annual Report Shareholders are advised that the integrated annual report is available on the Company’s website(www.sacoilholdings.com) and that it has been distributed to shareholders today without modification. The annual general meeting The annual general meeting of SacOil will be held on Friday, 29 November 2013 at 10:00 at 2nd Floor, The Gabba, Dimension Data Campus, 57 Sloane Street, Bryanston. The record date on which members must be recorded as such in the register maintained by the transfer secretaries of the Company for the purpose of being entitled to attend and vote at the annual general meeting is Friday, 22 November 2013. Update to shareholders Further to the announcement dated 12 September 2013, the directors of SacOil believe that the Company is now in compliance with its regulatory requirements. Before seeking the restoration of trading in the Company’s shares on both the Main Board of the JSE Limited and the AIM Market of the London Stock Exchange the directors will now finalise their holistic review of the Company during the course of the next seven days. For the avoidance of doubt, restoration will not occur today as had previously been anticipated. 23 September 2013 ENDS Investment Bank, Corporate Advisor and JSE Sponsor Nedbank Capital, a division of Nedbank Limited Legal Advisor Norton Rose Fulbright South Africa Nominated Adviser and Broker finnCap Limited For further information please contact: SacOil Holdings Limited Roger Rees/ Tariro Mudzimuirema +27 (0)11 575 7232 Nedbank Capital, a division of Nedbank Limited (Investment +27 (0) 11 294 3524 Bank, Corporate Advisor and Sponsor) Michelle Benade finnCap Limited (Nominated Adviser and Broker) +44 (0) 20 7220 0500 Matthew Robinson / Christopher Raggett FirstEnergy Capital (Joint Broker UK) +44 (0) 20 7448 0200 Majid Shafiq Travis Inlow GMP Securities Europe LLP (Joint Broker UK) +44 (0) 20 7647 2800 Rob Collins James Pope Pelham Bell Pottinger (UK) Philip Dennis +44 (0) 20 7861 3919 Nick Lambert +44 (0) 20 7861 3936 Rollo Crichton-Stuart +44 (0) 20 7861 3918 Date: 23/09/2013 05:15:00 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.