Voluntary announcement - Acquisition of Microsucra SARL 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”) ACQUISITION OF MINOSUCRA SARL - VOLUNTARY ANNOUNCEMENT Torre is pleased to advise shareholders that, through its subsidiary Kanu Equipment Limited, it has concluded an agreement to acquire 100% of the issued shares of Minosucra SARL (“Minosucra”), with effect from 1 October 2014. Minosucra, a Swiss based company with a 20 year history, supplies equipment, spare parts and ancillary services to customers in West and Central Africa. Minosucra has historically focused on the distribution of Bell equipment and has several key customer relationships and long standing service and maintenance contracts in the region. Its operations are therefore highly complementary to the Group’s growing Bell and Liebherr equipment dealerships in Central and West Africa. The acquisition of Minoscura will allow Torre to accelerate its progress in building a pan-African distribution and servicing network for industrial equipment and spares. This acquisition falls below the threshold of the categorisation of transactions which require disclosure in terms of the JSE Listings Requirements. Nevertheless, due to the strategic importance of this transaction, the directors of Torre deemed it appropriate to inform shareholders hereof. Following the completion of the transaction Minosucra will be renamed Kanu Equipment International SARL. Johannesburg 11 August 2014 Corporate Finance Adviser and Designated Advisor to Torre AfrAsia Corporate Finance (Pty) Ltd Date: 11/08/2014 03:31:00 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.