BUILDMAX LIMITED - Tterminatiion of agreement with Wescoal Mining Proprietary Limited

Tterminatiion of agreement with Wescoal Mining Proprietary Limited

BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000167318
(“Buildmax” or the “Company”)

VOLUNTARY ANNOUNCEMENT


Buildmax shareholders are advised that Diesel Power Opencast Mining Proprietary Limited
(Diesel Power), the main operating subsidiary of Buildmax, has exercised its right to terminate
its agreement with Wescoal Mining Proprietary Limited for contract mining services at the
Elandspruit Mine in Mpumalanga, which commenced in July 2015.

A process in terms of section 189 of the Labour Relations Act will be undertaken in relation to
affected employees, and it is anticipated that Diesel Power will be off site by the end of October
2017.

Benoni
7 August 2017


Sponsor to Buildmax: Sasfin Capital (a member of the Sasfin Group)

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