Request for Consideration filed with the Competition Tribunal Italtile Limited Incorporated in the Republic of South Africa (Registration number 1955/000558/06) Share code: ITE ISIN: ZAE000099123 (“Italtile” or “the Company” or “the Group”) REQUEST FOR CONSIDERATION FILED WITH THE COMPETITION TRIBUNAL REGARDING PROPOSED MERGER BETWEEN ITALTILE LIMITED (“ITALTILE”) AND CERAMIC INDUSTRIES PROPRIETARY LIMITED (“CERAMIC”) Italtile shareholders are referred to the “Competition Commission ruling on proposed merger between Italtile and Ceramic” announcement published on SENS on 28 July 2016, as well as to the “Binding Offer to Acquire Shares in Ceramic, Rights Offer Declaration and Withdrawal of Cautionary Announcement” published on SENS on 20 July 2016 and the “Offer to Acquire Shares in Ceramic, Details of the Italtile Rights Offer and Renewal of Cautionary” announcement released on SENS on 26 April 2016. In the announcement of 28 July 2016, the board of directors of Italtile (“Board”) advised that it was strongly opposed to the Competition Commission’s (“the Commission”) ruling of 26 July 2016, in which the Commission prohibited the proposed merger between Italtile and Ceramic. The Board is of the opinion that the Commission’s decision was based, inter alia, on incorrect information and an incorrect adjudication of control and consequently its findings are incorrect. Accordingly the Board advised that in terms of section 16(1)(a) of the Competition Act 89 of 1998, it would request the Competition Tribunal to consider the prohibited merger, by written notice and in the prescribed form. In this regard, Italtile wishes to advise shareholders that a Request for Consideration was filed with the Competition Tribunal on Thursday, 11 August 2016. Shareholders will be apprised of progress in this regard. The acquisition process as communicated to date will continue as scheduled, and shareholders will be updated of any changes to the timetable, to the extent necessary, in due course. Johannesburg 11 August 2016 Sponsor Merchantec Capital Legal Advisor to Italtile Hogan Lovells (SA) Inc. Corporate and Legal Advisor to Rallen Rabin & Associates Proprietary Limited Date: 11/08/2016 04:40:00 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.