Results of general meeting and declaration announcement re name change 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”) RESULTS OF GENERAL MEETING AND DECLARATION ANNOUNCEMENT IN RESPECT OF THE NAME CHANGE RESULTS OF GENERAL MEETING The Company is pleased to advise shareholders that all the resolutions contained in the notice of general meeting as provided to shareholders on 6 March 2014, in respect of the private placement of new Torre shares to raise R300 000 000 for the Company, were approved by the requisite majority of Torre shareholders. NAME CHANGE Shareholders are advised that the name change as referred to in the circular posted to Torre shareholders on 6 March 2014 and in the SENS announcement published on 3 February 2014 is still subject to registration with CIPC. The application for the name change will be lodged with CIPC on Wednesday, 9 April 2014 and is expected to be approved by Friday, 9 May 2014. These dates are subject to change, which changes, if any, will be communicated to shareholders. Johannesburg 7 April 2014 Corporate adviser: AfrAsia Corporate Finance Proprietary Limited Designated adviser: PSG Capital Proprietary Limited Date: 07/04/2014 10:55:00 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.