LABAT AFRICA LIMITED - Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
(“Labat” or “the company”)
ISIN Code: ZAE 000018354 Share code: LAB

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Further to our announcements of 21 February 2014, 7 April 2014, 29 April 2014,
16 May 2014, 27 June 2014, 8 August 2014, 19 September 2014, 3 November 2014
and 15 December 2014 respectively, regarding Labat’s participation in various rail
related initiatives. The company is also exploring other logistic opportunities and has
been notified that it has been short-listed as a preferred bidder in relation to a
potential acquisition.

Various rail and road related transactions and negotiations are still in progress and if
successfully concluded, may have an effect on the price at which the company’s
securities trade.

Shareholders are accordingly advised to continue to exercise caution when dealing in
the company’s securities until a full announcement is made.

Johannesburg
30 January 2015

Sponsor
Arbor Capital Sponsors Proprietary Limited

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