Announcement relating to the disposal of property held by Presmed Australia Pty Ltd ADVANCED HEALTH LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/059246/06) (“the Company” or “Advanced Health”) ISIN Code: ZAE000189049 JSE Code: AVL ANNOUNCEMENT RELATING TO THE DISPOSAL OF PROPERTY HELD BY PRESMED AUSTRALIA PTY LTD (“PRESMED AUSTRALIA”) 1. Background Advanced Health shareholders are advised that the directors have sold an asset of the Company, being Presmed Australia’s New South Wales’ property (“the Property), to CC No 1 Pty Ltd and CC No 2 Pty Ltd for a total consideration of AUD$4 151 478 (“the Sale”), which approximates R39 652 842 at the exchange rate of R9.5515 to the Australian Dollar. The purchasers are not related parties to Advanced Health. 2. Description of the Property The Property is situated at Suite 6, 12-14 Malvern Avenue, Chatswood, NSW 2067 and is the premises from which the Ophthalmic Surgery Centre operates (a business which Presmed Australia is the majority owner). 3. Effective Date The effective date for the Sale will be the date of the transfer of the property. 4. Rationale for the Sale The rationale for the sale by Advanced Health is in terms of a wider strategy of the Advanced Health group to use the funds from the proceeds of the sale to continue to invest and grow the Australian facilities. Furthermore, with the Australian property market being strong, the directors believe an offer of this amount would not be likely to be achieved in the future. 5. Conditions precedent The conditions precedent have all been met and all funds received. 6. Classification of the transaction The transaction is a Category 2 transaction in terms of the JSE Listings Requirements and thus shareholder approval is not required. 7. Financial Information The value of the property was reflected at R36 703 245 in the annual financial statements for the year ended 30 June 2015 and was categorised as a non-current asset held for sale. The profit after tax attributable to the Property was R983 982 for the year ended 30 June 2015, noting that the property was occupied by the group at an annual rental of AUD$220 004. Johannesburg 14 September 2015 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 14/09/2015 11:02:00 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.