Withdrawal of cautionary announcement dated 2 July 2015 and issuance of new cautionary announcement Wilderness Holdings Limited (Registration number 2004/2986) (Registered as an external company in South Africa Registration number 2009/022894/10) ISIN: BW0000000868 Share code: WIL ("Wilderness" or "the Company") WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT DATED 2 JULY 2015 AND ISSUANCE OF NEW CAUTIONARY ANNOUNCEMENT Shareholders of the Company ("Shareholders") are advised that the Cautionary Announcement issued on 2 July 2015 is hereby withdrawn (the "Withdrawn Announcement"). Shareholders, and the public at large, are hereby further advised that the Withdrawn Announcement was not authorised by the Board of Directors of the Company (the "Board"). The Company has received a notice of intention to make an offer to acquire all the issued ordinary shares in the capital of the Company (the "Notice") by Wine Investments Limited (the "Potential Offeror"). The Board is considering the Notice, but it advises Shareholders that, (i) no formal offer has been made by the Potential Offeror; and (ii) significantly, it is not currently in discussions with the Potential Offeror, as previously announced. Shareholders are nevertheless advised to exercise caution when dealing in the Company's securities and should consult their professional advisers before dealing in their securities, until such time as the Board issues a further announcement. PARKS TAFA CHAIRMAN OF THE BOARD WILDERNESS HOLDINGS LIMITED 7 JULY 2015 JSE sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 07/07/2015 12:30:00 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.