LABAT AFRICA LIMITED - Cautionary Announcement

Cautionary Announcement

LABAT AFRICA LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1986/001616/06)
(“Labat” or “the Company”)
ISIN Code: ZAE 000018354 Share code: LAB

CAUTIONARY ANNOUNCEMENT

Shareholders are advised that the Company has entered into negotiations,
which, if successfully concluded, may have a material effect on the price of the
Company’s securities.

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

Johannesburg
16 January 2017

Sponsor
Arbor Capital Sponsors Proprietary Limited

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