Afrox signs major helium contract AFRICAN OXYGEN LIMITED (Incorporated in the Republic of South Africa) (Registration number 1927/000089/06) JSE code: AFX NSX code: AOX ISIN: ZAE000067120 (“Afrox”) AFROX SIGNS MAJOR HELIUM CONTRACT Shareholders are advised that Afrox has signed a contract with alternative energy company Renergen Limited, through its subsidiary TETRA 4 (Pty) Limited (“TETRA 4”), for the commercialisation of the Free State Helium and Natural Gas (“NG”) field. The 187,000 hectare Helium/NG field in Virginia, near Welkom, has proven reserves of 25 billion cubic feet of Natural Gas and Helium and the contract will enable Afrox to locally source and supply Helium to numerous specialised and industrial markets by 2018/19. “The discovery and commercialisation of the Free State onshore Helium source is great news for industry, healthcare and the South African economy as a whole,” said Afrox Managing Director, Schalk Venter. “The signing of this agreement marks a historic moment in bolstering South Africa’s self- sufficiency in terms of Helium production.” Under the agreement, TETRA 4 has contracted the Helium offtake to The Linde Group, via its Global Helium business. JSE listed Afrox, a member of The Linde Group, will operate the processing plant and market the Helium. Johannesburg 4 May 2016 Sponsor One Capital Date: 04/05/2016 07:30:00 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.