INSIMBI REFRACTORY & ALLOY SUP LIMITED - FINALISATION ANNOUNCEMENT ACQUISITION BY THE COMPANY OF 100% OF THE ISSUED SHARE CAPITAL OF THE AMR GROUP

FINALISATION ANNOUNCEMENT – ACQUISITION BY THE COMPANY OF 100% OF THE ISSUED
SHARE CAPITAL OF THE AMR GROUP

Insimbi Refractory and Alloy Supplies Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/029821/06)
Share code: ISB ISIN: ZAE000116828
(“Insimbi” or “the Company”)

FINALISATION ANNOUNCEMENT – ACQUISITION BY THE COMPANY OF 100% OF THE ISSUED
SHARE CAPITAL OF THE AMR GROUP

Shareholders are referred to the announcement published on 5 December 2016 regarding an update on
the acquisition by Insimbi of the AMR Group to purchase the entire share capital of the AMR Group (“the
acquisition” or “the transaction”) wherein shareholders were advised that the transaction was approved by
the requisite majority of shareholders.

Shareholders are advised that the conditions precedent for the transaction have been finalised and the
transaction is now unconditional.

Johannesburg
13 December 2016
Corporate Advisor and Sponsor: Bridge Capital Advisors Proprietary Limited

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