Withdrawal of Expression of Interest in the Privatisation of Air Botswana Wilderness Holdings Limited (Registration number 2004/2986) (Registered as an external company in South Africa Registration number 2009/022894/10) ISIN: BW0000000868 Share code: WIL (“Wilderness” or “the Company”) WITHDRAWAL OF EXPRESSION OF INTEREST IN THE PRIVATISATION OF AIR BOTSWANA In the announcement of the results of the Company for the year ended 28 February 2017, issued on 31 May 2017, it was confirmed that the Company had in February 2017 submitted an Expression of Interest in the privatisation of Air Botswana but that there had been no further progress in the matter. The Company has been informed by the Ministry of Transport and Communications that the Government of Botswana wishes to enter into discussions with the Company regarding this matter. However, after careful deliberation, the Company has decided to not pursue the matter any further. Accordingly, the Company has withdrawn its Expression of Interest and has advised the Government of its decision. The Company wishes the Government of Botswana and Air Botswana well in their efforts to achieve a turnaround of the national carrier. The Company’s primary listing is on the Botswana Stock Exchange and its secondary listing is on the Johannesburg Stock Exchange. By Order of the Board Gaborone, 9 June 2017 +267 392 6886 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 09/06/2017 12:43:00 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.