Share dealings by a director and an associate of a director of Torre TORRE INDUSTRIES LIMITED Incorporated in the Republic of South Africa (Registration number: 2012/144604/06) Share code: TOR ISIN: ZAE000188629 (“Torre” or “the Company”) SHARE DEALINGS BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR OF TORRE In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, the following dealings by a director and an associate of a director of Torre are disclosed: COMPANY : Torre Industries Limited NAME OF DIRECTOR : Roy Midlane STATUS OF DIRECTOR : Chief Financial Officer of Torre TYPE AND CLASS OF SECURITIES : Ordinary Shares NATURE OF TRANSACTION : Off-market sale. Roy has entered into a Sale of Shares agreement with Stellar Capital Partners Ltd (“SCP”) to sell his shares in Torre in exchange for shares in SCP. SCP intends to acquire up to 34.5% in Torre. Accordingly, Roy will swap his current direct holding in Torre for a holding in the largest single shareholder in Torre NATURE AND EXTENT OF DIRECTOR’S INTEREST IN THE : Direct Beneficial TRANSACTION DATE OF ENTERING INTO SALE : 30 June 2015 AGREEMENT PRICE PER SHARE : To be settled through an issue of 2.6 SCP shares for every 1 Torre share approximating a value per Torre share of R5.20 TOTAL NUMBER OF SECURITIES TRANSACTED : 7 500 000 TOTAL RAND VALUE OF SECURITIES : R39 000 000 EXPECTED DATE OF SETTLEMENT : 31 October 2015* CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66 : Yes COMPANY : Torre Industries Limited NAME OF DIRECTOR : Roy Midlane NAME OF ASSOCIATE Midlane Family Trust STATUS OF DIRECTOR : Chief Financial Officer of Torre TYPE AND CLASS OF SECURITIES : Ordinary Shares NATURE OF TRANSACTION : Off-market sale. The Midlane Family Trust has entered into a Sale of Shares agreement with Stellar Capital Partners Ltd (“SCP”) to sell his shares in Torre in exchange for shares in SCP. SCP intends to acquire up to 34.5% in Torre. Accordingly, The Midlane Family Trust will swap its current direct holding in Torre for a holding in the largest single shareholder in Torre NATURE AND EXTENT OF : Indirect Beneficial DIRECTOR’S INTEREST IN THE TRANSACTION DATE OF ENTERING INTO SALE : 30 June 2015 AGREEMENT PRICE PER SHARE : To be settled through an issue of 2.6 SCP shares for every 1 Torre share approximating a value per Torre share of R5.20 TOTAL NUMBER OF SECURITIES : 5 000 000 TRANSACTED TOTAL RAND VALUE OF SECURITIES : R26 000 000 EXPECTED DATE OF SETTLEMENT : 31 October 2015* CONFIRMATION THAT CLEARANCE : Yes HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66 * any changes to this date will be announced on SENS Johannesburg 6 July 2015 Corporate Finance Adviser and Sponsor: Stellar Advisers Proprietary Limited Date: 06/07/2015 05:40:00 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.