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, 3 October 2016, 14 November 2016, 28
December 2016 and 9 February 2017 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
24 March 2017

Company Secretary
Andiswa T Ndoni

JSE Sponsor
Grindrod Bank Limited

Date: 24/03/2017 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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