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 ORDINARY AND “N” ORDINARY SHAREHOLDERS OF REX TRUEFORM Shareholders are referred to the announcement released on SENS on Wednesday, 18 May 2016. Shareholders are advised that the Takeover Regulation Panel has approved an additional extension to accommodate the necessary regulatory approvals and it is anticipated that a combined offer circular containing full details of the comparable offer to be made to Rex Trueform ordinary and “N” ordinary shareholders by a consortium consisting of Geomer Investments (Pty) Ltd, The Ceejay Trust, Gingko Trading (Pty) Ltd and Gingko Investments No. 2 (Pty) Ltd and incorporating the Rex Trueform independent board’s opinion on such offer and the offer consideration will be posted to Rex Trueform ordinary and “N” ordinary shareholders on or about the 9 June 2016. A further announcement will be released on SENS once the combined offer circular has been posted to Rex Trueform ordinary and “N” ordinary shareholders. 1 June 2016 Corporate Advisor and Sponsor to Rex Trueform Java Capital Corporate Advisor to the Consortium Investec Bank Limited Date: 01/06/2016 05:18:00 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.