Finalisation Announcement in respect of the 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”) FINALISATION ANNOUNCEMENT IN RESPECT OF THE NAME CHANGE Further to the announcements published on SENS on 7 April 2014 and 9 May 2014 in respect of the name change from Torre Industrial Holdings Limited to Torre Industries Limited (“Name Change”), the Company is pleased to advise that the resolutions for the Name Change have successfully been registered by the Companies and Intellectual Property Commission. Accordingly, the Name Change is unconditional. Shareholders are advised of the following important dates: NAME CHANGE 2014 Publication of finalisation information Wednesday, 21 May Last day to trade under the old name “Torre Friday, 30 May Industrial Holdings Limited” on Name Change effective on the JSE from Monday, 2 June commencement of business on Torre shares trade under the new name “Torre Monday, 2 June Industries Limited” under JSE share code “TOR”, abbreviated name ”Torre”, and new ISIN code “ZAE000188629” from commencement of trading on Record date for the Name Change on Friday, 6 June New Torre share certificates, reflecting the Monday, 9 June Name Change, posted, by registered post in South Africa, to certificated shareholders who have surrendered their documents of title by 12:00 on the record date (see note 4 below) on Torre dematerialised shareholders’ accounts Monday, 9 June at their CSDP or broker updated with the new name on Notes 1. All times indicated in this announcement are local times in South Africa. 2. The dates and times indicated in the table above are subject to change. Any such changes will be published on SENS. 3. Share certificates in the name of Torre Industrial Holdings Limited will not be able to be rematerialised or dematerialised after Friday, 30 May 2014. 4. All forms of surrender in respect of the Name Change lodged after 12:00 on 6 June 2014 will result in share certificates being posted within 5 business days of receipt thereof. Johannesburg 21 May 2014 Corporate adviser: AfrAsia Corporate Finance Proprietary Limited Designated adviser: PSG Capital Proprietary Limited Date: 21/05/2014 04:34:00 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.