Stellar Capital Partners Limited\ Cadiz Hld Ltd - Further extension of circular posting date STELLAR CAPITAL PARTNERS LIMITED CADIZ HOLDINGS LIMITED (Incorporated in the Republic of (Incorporated in the Republic of South Africa) South Africa) (Registration number (Registration number 1998/015580/06) 1997/007258/06) Share code: SCP Share code: CDZ ISIN: ZAE000198586 ISIN: ZAE000017661 (“Stellar”) (“Cadiz”) FURTHER EXTENSION OF CIRCULAR POSTING DATE Shareholders are referred to the announcement released on SENS by Stellar and Cadiz on 9 July 2015 (the “Announcement”). All terms defined in the Announcement shall bear the same meaning in this announcement. Shareholders are advised that the relevant special resolutions in connection with the registration of the Prospectus have been filed with CIPC but registration thereof has not yet taken place. Due to this delay, which is beyond the control of Stellar and Cadiz, the TRP has, in terms of section 119(6)(c) of the Companies Act, granted Stellar and Cadiz a further extension of the posting date for the Circular until Monday, 31 August 2015. The salient dates in relation to the Scheme and the General Offer will be published on SENS and in the press prior to the posting of the Circular. Rosebank, Johannesburg 6 August 2015 Corporate Finance Adviser and Sponsor to Stellar: Stellar Advisers Proprietary Limited Sponsor to Cadiz: Investec Bank Limited Date: 06/08/2015 02:36:00 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.