Posting of circular, notice of general meeting and salient dates LABAT AFRICA LIMITED (Incorporated in the Republic of South Africa) (Registration number 1986/001616/06) (“Labat” or “the company”) ISIN Code: ZAE 000018354 Share code: LAB POSTING OF CIRCULAR, NOTICE OF GENERAL MEETING AND SALIENT DATES RELATING TO THE ACQUISITION OF REINHARDT TRANSPORT GROUP PROPRIETARY LIMITED (“RTG”) Posting of circular Shareholders are referred to the Company’s announcement dated 12 November 2015 in terms of which shareholders were advised on the further amended terms of the acquisition of a 100% interest of RTG by Labat for a total consideration of R560 million (“the Transaction”). Shareholders are advised that the JSE Limited has approved the circular incorporating details of the Transaction and a notice of general meeting to shareholders today. Accordingly, the circular is in the process of being printed and will be posted on or about 18 November 2015. Notice of general meeting Shareholders are advised that a general meeting for the purpose of voting on the proposed resolutions relating to the Transaction will be held at 10h00 on Friday, 18 December 2015 at 23 Kroton Avenue, Weltevreden Park, 1709. Salient dates The salient dates relating to the Transaction are set put below: 2015 Record date to determine which shareholders are eligible Friday, 13 November to receive the circular Last day to trade in order to be eligible to vote Friday, 4 December Record date in order to be eligible to vote Friday, 11 December Last day for receipt of proxy forms by 10h00 on Tuesday, 15 December General meeting to be held at 10h00 on Friday, 18 December Results of general meeting to be published on SENS by Friday, 18 December Results of the general meeting published in the press Monday, 21 December Opening of private placement at 09h00 on Monday, 21 December Closing of private placement at 12h00 on Wednesday, 23 December Listing of Shares issued in terms of the Private Placement Wednesday, and transfer of the listing to the Transport Sector of the 30 December Main Board from commencement of trade on Notes: 1. Share certificates in respect of Shares may not be dematerialised or rematerialised between Monday, 7 December 2015 and Friday, 11 December 2015, both days inclusive. 2. Unless otherwise indicated, all dates and times are South African dates and times. Any change in the above dates will be published on SENS and in the press. 3. The transfer of the listing to the Transport Sector of the Main Board of the JSE will only happen upon the success of the private placement once shareholder approval has been obtained and in accordance with FTSE reclassification timelines, which is done on a quarterly basis. Johannesburg 16 November 2015 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 16/11/2015 05:47:00 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.