PUTPROP LIMITED - Proposed Delisting and Cautionary Announcement

Proposed Delisting and Cautionary Announcement

Putprop Limited
Incorporated in the Republic of South Africa
(Registration number 1988/001085/06)
Share code: PPR ISIN: ZAE000072310
(“Putprop” or “the Company”)

PROPOSED DELISTING AND CAUTIONARY ANNOUNCEMENT

Shareholders are advised that the board of directors of Putprop is currently considering the
delisting of the Company from the JSE (“Delisting”). It is envisaged that the Delisting will be
implemented through the repurchase and cancellation of Putprop shares, excluding the shares
held by Carleo Enterprises Proprietary Limited (“Carleo”), the Company’s largest shareholder.

An independent committee of the board of the Company has been appointed to consider any
offer made by the Company to its shareholders.

Further details regarding the Delisting will be announced in due course. Accordingly,
shareholders are advised to exercise caution when dealing in their Putprop shares until a further
detailed announcement is made.

18 September 2015

Sponsor and Corporate Advisor
Merchantec Capital

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