Update on reviewed interim results of the Company for the six months ended 30 June 2016 RBA HOLDINGS LIMITED (IN BUSINESS RESCUE) (Incorporated in the Republic of South Africa) (Registration number: 1999/009701/06) (Share Code: RBA ISIN Code: ZAE000199642) (“RBA” or “the Company”) Update on reviewed interim results of the Company for the six months ended 30 June 2016 Shareholders are referred to the SENS announcement dated 2 November 2016 regarding the reviewed interims results of the Company for the six months ended 30 June 2016 and the additional disclosure noted below. An extract of the modified review opinion issued by KPMG Inc is as follows: “Basis for disclaimer of conclusion As indicated in note 7 to the interim financial statements, the Group incurred a net loss after tax of R10,1 million for the six months ended 30 June 2016 and, as if that date, its total liabilities exceeded its total assets by R60,4 million. The note states that RBA Holdings Limited and RBA Developments (JHB) Proprietary Limited have been placed in business rescue and under supervision of the BRP. The BRP’s plan has not been finalised nor approved. Therefore, we have been unable to obtain sufficient appropriate evidence to support the appropriateness of the interim financial statements being prepared using the going concern basis of accounting. Consequently, we were unable to confirm or dispel whether it is appropriate to prepare the consolidated financial statements using the going concern basis of accounting. Disclaimer of conclusion Due to the significance of the matter described in the basis for disclaimer of conclusion paragraph, we were unable to obtain sufficient appropriate evidence to form a conclusion on these interim financial statements. Accordingly, we do not express a conclusion on these interim financial statements.” 10 November 2016 Braamfontein Designated Advisor Exchange Sponsors Date: 10/11/2016 09:44:00 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.