MONTAUK HOLDINGS LIMITED - Disclosure of changes in the holding of Montauk shares

Disclosure of changes in the holding of Montauk shares

MONTAUK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2010/17811/06)
(Share code: MNK)
(ISIN: ZAE000197455)
(“Montauk” or “the Company”)

DISCLOSURE OF CHANGES IN THE HOLDING OF MONTAUK SHARES

In accordance with section 122(3)(b) of the Companies Act, No 71 of
2008, as amended, and paragraph 3.83(b) of the JSE Limited Listings
Requirements, Montauk shareholders are advised that it has received
formal notification that Rivetprops 47 Proprietary Limited has
increased its combined direct and indirect beneficial interest held
in the securities of Montauk by 1.48% to 30.72% through the purchase
of ordinary shares in the Company. Rivetprops 47 Proprietary Limited
is part of the consortium which holds a controlling interest in the
issued ordinary share capital of the Company, as disclosed in the
announcement to shareholders on 18 May 2015.

Cape Town
26 November 2015

Sponsor: Investec Bank Limited

Date: 26/11/2015 03:25:00 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.