ISA HOLDINGS LIMITED - Withdrawal of Cautionary Announcement

Withdrawal of Cautionary Announcement

ISA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/009608/06)
Share Code: ISA ISIN: ZAE000067344
(“ISA” or “the Company”)


WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to the cautionary announcement dated 24 March 2016, and the subsequent
renewals thereof, the last of which was dated 4 August 2016, wherein shareholders were advised that
the board of directors of ISA (“the Board”) had received a non-binding expression of interest (“EOI”),
which was being considered by the Board, and which, if successfully concluded, may have had a
material effect on the price of the Company’s securities.

Shareholders are advised that as the Board is no longer considering the EOI, negotiations have been
terminated and caution is no longer required to be exercised when dealing in the Company’s
securities.

Johannesburg
26 August 2016

Designated Adviser
Merchantec Capital

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