Update in respect of the timing of the publication of annual financial results and renewal of the cautionary MINE RESTORATION INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration No. 1987/004821/06) Share Code: MRI ISIN Code: ZAE000164562 (“MRI” or the Company”) Update in respect of the timing of the publication of annual financial results and renewal of the cautionary announcement Further to the announcement released by the Company on SENS on 1 June 2016, shareholders are hereby advised that the Company will not be in a position to publish its annual financial results by 30 June 2016 and, in accordance with section 3.17(b) of the JSE Listings Requirements, the Company will therefore be under threat of suspension by the JSE for failure to timeously publish its annual financial results. As mentioned in the announcement released on SENS on 13 June 2016, the board of directors of MRI (“the Board”) are in the process of pursuing various opportunities to re-establish the Company as a going concern in either its current or another form. Shareholders are advised that opportunities pursued to date have not reached fruition however the Board continues to seek such opportunities and will update shareholders as and when appropriate. Shareholders should continue to exercise caution when dealing in the Company’s shares until a further announcement in this regard is made. Rosebank 24 June 2016 Designated Adviser Questco (Pty) Ltd Date: 24/06/2016 04:16:00 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.