Correction Announcement TORRE INDUSTRIES LIMITED (Previously Torre Industrial Holdings Limited) Incorporated in the Republic of South Africa (Registration number: 2012/144604/06) Share code: TOR ISIN: ZAE000188629 (“Torre” or “the Company” or “the Group”) CORRECTION ANNOUNCEMENT Shareholders are referred to the SENS announcement published on 4 June 2014 in relation to the disposal of a beneficial interest in Torre shares by Investec Limited (“Investec”), (“S122 SENS”). On 3 June 2014, the Company received notification from Investec that it had decreased its shareholding in Torre to 2.5611%. In accordance with the requirements of the Companies Act, 71 of 2008, the Company published the S122 SENS. Investec has subsequently advised the Company that the notification of the disposal of shares in Torre was in fact provided to the Company by Investec in error. Accordingly, shareholders are advised that Investec have in fact not disposed of any ordinary shares in Torre as originally detailed in the S122 SENS. The Company has notified the TRP of the above and that Investec's shareholding in the Company remains unchanged. Johannesburg 6 June 2014 Corporate Finance Adviser to Torre AfrAsia Corporate Finance (Pty) Ltd Designated Adviser PSG Capital (Pty) Ltd Date: 06/06/2014 02:10:00 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.