Postponement of proposed secondary listing on the JSE Foresight Solar Fund Limited Incorporated in Jersey, Channel Islands under the Companies (Jersey) Law Registered Number: 113721 LSE ticker code: FSFL JSE share code: FGS ISIN: JE00BD3QJR55 (the “Company”) THIS ANNOUNCEMENT IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO U.S. PERSONS, OR IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR INTO ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW. POSTPONEMENT OF PROPOSED SECONDARY LISTING ON THE JSE Further to the pre-listing announcement published by the Company on 3 March 2017 (‘Pre-Listing Announcement’), interested investors are advised that the Company has decided to postpone its proposed secondary listing on the JSE. This decision was reached taking into consideration the recent market volatility that has impacted investor appetite in South Africa and the strong interest received from investors in the United Kingdom resulting in a successful capital raise of GBP78.5 million. The Company and the investment manager, Foresight Group, will continue to evaluate the opportunity to secondary list in South Africa. ENDS 29 March 2017 JSE sponsor RAND MERCHANT BANK (A division of FirstRand bank Limited) Date: 29/03/2017 05:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.