Renewal of Cautionary Announcement BONATLA PROPERTY HOLDINGS LIMITED (Registration number 1996/014533/06) Share code: BNT ISIN: ZAE000013694 (”Bonatla” or “the Company”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the previous cautionary announcements dated 6 March 2013, 22 April 2013, 5 July 2013, 8 July 2013, 19 August 2013, 1 November 2013, 4 November 2013, 17 December 2013, 31 January 2014, 21 February 2014, 7 April 2014 and 2 May 2014 respectively. It should be noted that the company is required to finalise its investigation by the JSE in order that it can proceed with issuing required circulars. Thus, due to this or the fact that negotiations are still on-going or pro forma financial effects are still required to be announced, shareholders are advised to continue to exercise caution with regard to the following: Pro forma effects still to be announced and shareholder approval or ratification still required: - Disposal of Bishops Court announced on 17 May 2013; - Disposal of Austin Crossing announced on 17 May 2013; - Acquisition of an increased shareholding in CPTech from related parties announced on 17 May 2013; - Disposal of Chambers announced on 21 February 2014; - Disposal of Tropical 320 announced on 21 February 2014; - Disposal of Tropical 334 announced on 21 February 2014; - Share Swap Agreement for Kimberley Diamond and Jewellery Hub announced on 2 May 2014; and - Share Swap Agreement for Lincoln Meade Park announced on 2 May 2014. On-going discussions and/or negotiations: - Acquisition of 75.1% of Guilder Investments Proprietary Limited; - Acquisition of 75.1% in a special purpose vehicle to be formed for the Jozini acquisition; and - Acquisition of Ruitersvlei. Shareholders are also reminded of the potential offer to Bonatla shareholders as announced on 2 May 2014 and are advised that the period for the due diligence has been extended. However, the company was informed that the Offeror has decided to proceed with the offer subject to agreement. Further details will be announced in due course. By order of the board 17 June 2014 Sponsor Arcay Moela Sponsors Proprietary Limited Date: 17/06/2014 08:12:00 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.