Renewal of Cautionary Announcement and New Cautionary Announcement BONATLA PROPERTY HOLDINGS LIMITED (Registration number 1996/014533/06) Share code: BNT ISIN: ZAE000013694 (”Bonatla” or “the Company”) RENEWAL OF CAUTIONARY ANNOUNCEMENT AND NEW CAUTIONARY ANNOUNCEMENT 1. Introduction Shareholders are referred to the previous cautionary announcements, the last of which was dated 23 September 2016, and are advised that certain negotiations referred to therein are still in progress or financial information is required to be announced. The JSE requires that the Company needs to address its current compliance with paragraph 4.28 of the JSE Listings Requirements. Due to on-going negotiations this assessment has still not been finalised but will be provided to the JSE in due course. In the interim, the Company has commenced with the preparation of the circular to shareholders which will include details of all previously announced transactions and new transactions, which will address compliance with paragraph 4.28 of the JSE Listings Requirements. 2. Financial information still to be announced - Share-swap agreement for Kimberley Diamond and Jewellery Hub announced on 22 September 2014; and - Share-swap agreement for Lincoln Meade Park announced on 22 September 2014. 3. On-going discussions and negotiations - Acquisition of a portion of Ruitersvlei; - A potential joint venture transaction with CPTech Proprietary Limited in Southern Africa and Mozambique; - Negotiations for the acquisition of rental properties in Belize and Mozambique; and - Negotiations on various other income-producing property portfolios. 4. Renewal of Cautionary Announcement Shareholders are advised to continue exercising caution in dealing in the Company’s securities until an announcement is made detailing the financial information on the above transactions and until further announcements are made regarding the on-going discussions and/or negotiations detailed above. 5. New Cautionary Announcement Shareholders are also advised that the Company is in discussions with a potential funder and/or investor in the Company and accordingly shareholders are advised to exercise caution in dealing with the Company’s securities. By order of the board 4 November 2016 SPONSOR Arbor Capital Sponsors Proprietary Limited Date: 04/11/2016 11:25:00 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.