REX TRUEFORM CLOTHING COMPANY LIMITED - Update in respect of the mandatory and comparable offer to be made to the shareholders of Rex Trueform

Update in respect of the mandatory and comparable offer to be made to the shareholders of Rex Trueform

REX TRUEFORM CLOTHING COMPANY LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1937/009839/06)
JSE share code: RTO       ISIN: ZAE000006144
JSE share code: RTN       ISIN: ZAE000009700
JSE share code: RTOP      ISIN: ZAE000006151
(“Rex Trueform” or the “Company”)



UPDATE IN RESPECT OF THE COMPARABLE OFFER TO BE MADE TO THE SHAREHOLDERS OF REX TRUFORM


Shareholders are referred to the announcement released on SENS on Friday, 22 April 2016 wherein shareholders were advised,
inter alia, that an offer circular containing full details of the comparable offer to be made to Rex Trueform shareholders by a
consortium (“Consortium”) consisting of Geomer Investments (Pty) Ltd, The Ceejay Trust, Gingko Trading (Pty) Ltd and Gingko
Investments No. 2 (Pty) Ltd would be posted to Rex Trueform shareholders on or about 17 May 2016 (the “offer circular”).

Shareholders are advised that due to unforeseen delays, the Consortium will not be able to post the offer circular to Rex Trueform
shareholders within the stipulated time period. The Takeover Regulation Panel has granted an extension to the Consortium in this
regard and it is anticipated that the offer circular will be posted to Rex Trueform shareholders by 1 June 2016. If feasible, the
offeree response circular, incorporating the independent expert’s fair and reasonable opinion and the independent board of Rex
Trueform’s opinion on such offer and the offer consideration will be incorporated within the offer circular as a combined offer
circular.

A further announcement will be released on SENS once the offer circular has been posted to Rex Trueform shareholders.

18 May 2016


Corporate Advisor and Sponsor to the Company
Java Capital

Corporate Advisor to the Consortium
Invetec Bank Limited
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