GAIA INFRASTRUCTURE CAPITAL LIMITED - Viable Asset Acquisition Unconditional

Viable Asset Acquisition Unconditional

Gaia Infrastructure Capital Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/115237/06)
Share Code: GAI
ISIN ZAE000210555
(“Gaia”)

VIABLE ASSET ACQUISITION UNCONDITIONAL

Shareholders are referred to the SENS announcements released by
Gaia on 12 July 2016, 19 September 2016 and 18 October 2016,
regarding the proposed acquisition by Gaia of an effective see-through
economic interest of 25.2% in Dorper Wind Farm (RF) Proprietary Limited
(“Viable Asset Acquisition”), which was subject to the fulfilment of
certain conditions precedent, as detailed in the circular to Gaia
shareholders dated 19 September 2016 (“Circular”).

Gaia is pleased to announce that all conditions precedent have
been fulfilled and that the Viable Asset Acquisition will
accordingly be implemented.


21 December 2016
Cape Town

Transactional Advisor and Sponsor
PSG Capital Proprietary Limited

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