Update regarding Safair Operations (Pty) Ltd complaint against Comair in respect of its foreign shareholding Comair Limited (Incorporated in the Republic of South Africa) (Registration Number: 1967/006783/06) ISIN : ZAE 000029823 Share Code: COM (“Comair” or “the Company”) Update regarding Safair Operations (Pty) Ltd complaint against Comair in respect of its foreign shareholding Shareholders are referred to the announcements released on the Stock Exchange News Service on Tuesday, 10 May 2016, Thursday, 12 May 2016 and Monday, 16 May 2016 (“initial announcements”) and are advised that the Company’s application for an interdict, which was not opposed by the Air Services Licensing Council (“ASLC”), was granted today, Tuesday, 17 May 2016 (“interdict”). As disclosed in the initial announcements, Comair will take its dispute with the ASLC regarding the Company’s alleged non-compliance with foreign shareholding requirements of the Air Services Licensing Act on review, as Comair remains confident that it is compliant with the Act (“review application”). The terms of the interdict will remain in place until the finalisation of the review application, with the effect that the Company’s domestic air services license cannot be suspended pending the finalisation of the review application. Shareholders will be kept advised of any further developments. Bonaero Park 17 May 2016 Sponsor: RAND MERCHANT BANK (A division of First Rand Bank Limited) Date: 17/05/2016 03:04:00 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.