BRIMSTONE INVESTMENT CORPORATION LIMITED - Update on the proposed listing of Sea Harvest Holdings Proprietary Limited (the "Proposed Listing")

Update on the proposed listing of Sea Harvest Holdings Proprietary Limited (the "Proposed Listing")

Brimstone Investment Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1995/010442/06)
ISIN Number : ZAE000015277 Share Code : BRT
ISIN Number : ZAE000015285 Share Code : BRN
("Brimstone” or “the Company”)

UPDATE ON THE PROPOSED LISTING OF SEA HARVEST HOLDINGS PROPRIETARY LIMTED (THE “PROPOSED
LISTING”)

Shareholders of Brimstone are referred to the announcement released on SENS on 8 February 2017 and the
circular posted to Brimstone shareholders on the same date, relating to the Proposed Listing.

The general meeting to approve the Proposed Listing (the “General Meeting”) is scheduled to take place at 11:00
on Thursday, 9 March 2017, at the registered office of Brimstone, 1 st floor, Slade House, Boundary Terraces, 1
Mariendahl Lane, Newlands, Cape Town, 7700, and in this regard, Brimstone is pleased to advise that it has
received irrevocable undertakings from shareholders (“Irrevocable Undertakings”) to vote in favour of the
Proposed Listing as follows:

    -   65.31% of Brimstone ordinary shareholders, representing 25 134 095 Brimstone ordinary shares (total
        ordinary shares in issue is 38 484 530 (excluding treasury shares)); and
    -   49.44% of Brimstone “N” ordinary shareholders, representing 115 498 293 Brimstone “N” ordinary
        shares (total “N” ordinary shares in issue is 233 614 513 (excluding treasury shares)),

representing 64.40% of the total votes able to be cast at the General Meeting.

The Irrevocable Undertakings will be available for inspection at the registered office of Brimstone as of today,
until the date of the General Meeting.


Cape Town

2 March 2017

Investment Bank, Corporate Advisor and Sponsor to Brimstone
Nedbank Corporate and Investment Banking

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