eXtract GROUP LIMITED - Implementation of Tharisa transaction and settlement of primary debt facility

Implementation of Tharisa transaction and settlement of primary debt facility

EXTRACT GROUP LIMITED
(previously Eqstra Holdings Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1998/011672/06)
JSE share code: EXG       ISIN: ZAE000223202
(“eXtract”)


IMPLEMENTATION OF THARISA TRANSACTION AND SETTLEMENT OF PRIMARY DEBT FACILITY


Shareholders are referred to the announcements released on SENS (the last of which was released on SENS
on 22 September 2017) regarding the disposal by MCC Contracts Proprietary Limited (a wholly-owned
subsidiary of eXtract) of the existing equipment, strategic components, site infrastructure and spare parts
situated at the Tharisa mine (the “Tharisa transaction”).

eXtract is pleased to announce that the Tharisa transaction has been implemented and funds have flowed.
The proceeds of the Tharisa transaction and the disposal of other excess assets have been used to settle
eXtract’s primary term debt facility of R465 million in full.

It is anticipated that the balance of eXtract’s bank debt facilities will be settled before the end of December
2017.

5 October 2017


Sponsor
Java Capital






Date: 05/10/2017 04:15:00 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.