GRAND PARADE INVESTMENTS LIMITED - Update On Acquisition By Tsogo Sun Holdings Limited

Update On Acquisition By Tsogo Sun Holdings Limited

GRAND PARADE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1997/003548/06)
Share code: GPL
ISIN: ZAE000119814
(“GPI” or “the Company”)

UPDATE ON ACQUISITION BY TSOGO SUN HOLDINGS LIMITED OF A MINORITY INTEREST IN EACH OF
SUNWEST INTERNATIONAL PROPRIETARY LIMITED AND WORCESTER CASINO PROPRIETARY LIMITED
(“THE TRANSACTION”)

Further to the various announcements released on the Stock Exchange News Service by Tsogo Sun
Holdings Limited, Sun International and Grand Parade Investments Limited (“the Parties”) during May
2014 with regard to the Transaction, the Parties hereby advise that the Competition Commission has
recommended to the Competition Tribunal (“the Tribunal”) that the Transaction be prohibited in terms
of section 14A(1)(b)(iii) of the Competition Act, No. 89 of 1998, as amended.

The approval of the Tribunal is a condition precedent to the Transaction.

The Parties do not agree with the recommendation made by the Competition Commission and intend to
oppose such recommendation before the Tribunal.

The Parties will keep shareholders apprised of any significant developments herein.

Cape Town
29 January 2015

Sponsor and corporate advisor
PSG Capital (Proprietary) Limited

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