Acquisition by Imperial of Palletways Group Limited Concluded Imperial Holdings Limited Incorporated in the Republic of South Africa Registration number: 1946/021048/06 Ordinary share code: IPL ISIN: ZAE000067211 Preference share code: IPL ISIN: ZAE000088076 (“Imperial” or “Company”) ACQUISITION BY IMPERIAL OF PALLETWAYS GROUP LIMITED CONCLUDED Shareholders of Imperial are referred to the Company announcement released on Stock Exchange News Service of the JSE Limited on 1 June 2016 wherein shareholders were advised that Imperial Mobility International B.V., a wholly-owned subsidiary of Imperial, entered into a conditional agreement, with, inter alia, Phoenix Equity Partners Limited to acquire 100% of the issued share capital of Palletways Group Limited and its subsidiaries, for a consideration of £162.9 million (ZAR3.8 billion), subject to approval by the European Competition Authorities. Imperial is pleased to advise its shareholders that the acquisition was approved by the European Competition Authorities and is now unconditional. Palletways’ management have co-invested alongside Imperial to own 5% of the shares. Imperial has paid £155.1 million (ZAR3.0 billion) for its 95% share, which was settled through existing unutilised foreign credit facilities. The effective date for the transaction was 5 July 2016. Company Secretary RA Venter Bedfordview 6 July 2016 JSE Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 06/07/2016 09:33:00 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.