GLOBAL ASSET MANAGEMENT LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

GLOBAL ASSET MANAGEMENT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/003192/06)
Share Code: GAM ISIN: ZAE000173498
("Global")


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the announcement dated 21 December 2015 and are advised
that negotiations for a possible strategic BEE partnership are still on-going.

Accordingly, shareholders are advised to continue to exercise caution in dealing in their Global
shares until a further announcement is published.

20 January 2016
Johannesburg

Designated Advisor
Arbor Capital Sponsors Proprietary Limited

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