Extension of posting date of combined circular 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”) EXTENSION OF POSTING DATE OF COMBINED CIRCULAR Introduction 1. Shareholders are referred to the announcement by Torre released on SENS on 31 January 2014 (the “Firm Intention Announcement”) regarding the firm intention by Torre to make an offer to acquire up to 100% of the total issued ordinary shares in Control Instruments Group Limited ("Control Instruments") not already owned by Torre, being 91 761 265 shares (the “Offer Shares”), by way of: 1.1 a scheme of arrangement in terms of section 114(1)(c) of the Companies Act, No. 71 of 2008, as amended (the "Companies Act"), to be proposed by the board of directors of Control Instruments between Control Instruments and its shareholders other than Torre (the "Control Instruments Shareholders") (the "Scheme"); or 1.2 an offer by Torre if the Scheme is not proposed or fails, at the election of Torre, to the Control Instruments Shareholders to acquire the Offer Shares, (the "Proposed Offer"). 2. In a subsequent announcement by Control Instruments released on SENS on 3 February 2014, Control Instruments advised that it had entered into an agreement with Torre thereby giving effect to a firm intention by Torre to make the Proposed Offer. 3. All terms defined in the Announcement shall bear the same meaning in this announcement. Extension of posting date of the Circular 4. In terms of Regulation 102 (2)(b) of the Companies Regulations, the TRP has granted an extension of the Circular posting date (which was previously expected to be 28 February 2014), which date will now be no later than Friday, 7 March 2014. 5. The salient dates in relation to the Scheme and the General Offer will be published on SENS prior to the posting of the Circular. Johannesburg 27 February 2014 Corporate Adviser: AfrAsia Corporate Finance Proprietary Limited Designated Adviser: PSG Capital Proprietary Limited Date: 27/02/2014 05:03:00 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.