THE PIVOTAL FUND LIMITED - Cautionary announcement

Cautionary announcement

THE PIVOTAL FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/030215/06)
JSE share code: PIV ISIN: ZAE000196440
(“Pivotal” or “the company”)

CAUTIONARY ANNOUNCEMENT

The board of directors of Pivotal has received a non-binding expression of interest in relation to a transaction which
may, if concluded, have a material impact on the Pivotal share price.

Shareholders are advised to exercise caution when dealing in the company's shares until a further announcement is
made.


17 June 2016

Sponsor

Java Capital

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