GAIA INFRASTRUCTURE CAPITAL LIMITED - Amendment of Investment Policy

Amendment of Investment Policy

Gaia Infrastructure Capital Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/115237/06)
Share Code: GAI
ISIN ZAE000210555
(“GAIA” or “the Company”)

Amendment of Investment Policy

Shareholders are referred to the SENS announcement released by the Company on
31/07/2017 (No Change Statement AND Notice Annual General Meeting)("announcement")
in terms of which the Company confirmed that GAIA’s annual report, containing the
audited financial statements for the year ended 28 February 2017, was dispatched to
shareholders, which annual report is also available at www.gaia-ic.com.

Pages 82 to 90 of the annual report contain the notice of the annual general
meeting of the Company in terms of which, inter alia, the Company's revised
investment policy ("Investment Policy") is proposed to be approved in the form
annexed to the integrated annual report.

Following the announcement, the Company has had various discussions with the JSE
Limited in relation to the adoption of the revised Investment Policy. In this
regard, the JSE Limited requires that paragraph 4.3 of the Investment Policy be
deleted.

Accordingly, notice is hereby given that the Company intends to effect the
amendment required by the JSE Limited and proposes that the Investment Policy, as
revised by the deletion of paragraph 4.3, be approved by the shareholders at the
annual general meeting of GAIA to be held at GAIA’s offices, 37 Vineyard Road,
Claremont, Cape Town on Tuesday, 29 August 2017 at 11h00, as envisaged in Ordinary
Resolution number 11 set out in the notice of the annual general meeting.

A copy of the revised Investment Policy, as revised by the deletion of
paragraph 4.3, proposed to be approved by shareholders at the annual general
meeting may be accessed by shareholders at www.gaia-ic.com and will be available at
the annual general meeting.

Shareholders are advised to contact the Company, the Company's Sponsor or Transfer
Secretary in the event that they have any queries in this regard.


2 August 2017
Johannesburg

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 02/08/2017 12:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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