Closed Period Announcement 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”) CLOSED PERIOD ANNOUNCEMENT 1. The preparation of results for the Company for the half year ended on 31 August 2017 has commenced and is expected to continue until the end of October 2017, when the results are announced. 2. In line with good corporate governance and in compliance with the Botswana Stock Exchange (“BSE”) rules, please note that, as from Thursday 1 September 2017, Wilderness Holdings Limited is in a closed period in terms of the Companies Act Cap 42:01, the BSE Regulations and Johannesburg Stock Exchange (“JSE”) Listings Requirements as well as the Financial Markets Act No. 19 of 2012 (South Africa). 3. This means that any directors, senior management and accounting staff, and their associates of the company and/or its operating subsidiaries, including the Company Secretary, are not permitted to deal in the company’s shares during this closed period. The concerned stakeholders have been notified of this closed period. 4. The closed period will end with the publication of the company’s half year results, which is expected to be towards the end of October 2017. The Company’s primary listing is on the BSE and its secondary listing is on the JSE. By Order of the Board GABORONE 31 August 2017 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 31/08/2017 04:30:00 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.