Further Cautionary Announcement Buildmax Limited Incorporated in the Republic of South Africa (Registration No. 1995/012209/06) Share Code: BDM ISIN Code: ZAE000167318 ("Buildmax" or the “Company”) FURTHER CAUTIONARY ANNOUNCEMENT Further to the cautionary announcement released by the Company on SENS on 23 July 2014, shareholders are hereby advised that the Buildmax board of directors (“the Board”) has received a non-binding expression of interest from a third party to acquire the entire issued share capital of Buildmax. Simultaneously, the Company will dispose of certain assets and businesses of Buildmax Aggregates and Quarries (“BAQ”) and, in this respect a Memorandum of Understanding (“MoU”) has been signed with another third party (collectively, “the Transactions”). The Board has, in principle, agreed to proceed with these Transactions. An independent committee of the Board will be formed in accordance with the Takeover Regulations to ensure appropriate governance throughout the ensuing negotiations. There is no certainty that the expression of interest received, or the MoU signed with regard to the simultaneous disposal of BAQ, will result in a transaction, and accordingly shareholders are advised to exercise caution when dealing in the Company's securities until a further announcement is made. Benoni 1 August 2014 Sponsor Questco (Pty) Ltd Date: 01/08/2014 09:30:00 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.