BASIL READ HOLDINGS LIMITED - Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781
("Basil Read" or "the Company")


RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcements released on SENS
on 7 July 2016, 22 August 2016 and 3 October 2016 and are advised that
discussions for the potential private placement of shares that would result
in Basil Read Holdings being a black owned Company are still ongoing and
which, if successfully concluded, may have a material effect on the price
of the Company’s securities.

Accordingly, shareholders are advised to continue to exercise caution when
dealing in the Company’s securities until a detailed announcement is made.

Johannesburg
14 November 2016

Company Secretary
Andiswa T Ndoni

JSE Sponsor
Grindrod Bank Limited

Date: 14/11/2016 09:00:00 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.