Finalisation announcement and revised salient dates and times regarding the scheme BUILDMAX LIMITED Incorporated in the Republic of South Africa (Registration No. 1995/012209/06) Share Code: BDM ISIN Code: ZAE000167318 (“Buildmax”) FINALISATION ANNOUNCEMENT AND REVISED SALIENT DATES AND TIMES REGARDING THE SCHEME 1. Introduction Buildmax Shareholders are referred to the announcement released on SENS on 24 November 2017 regarding, inter alia, that the circular (“Circular”) containing details of the Scheme and a notice convening a meeting of the Buildmax Shareholders ("Scheme Meeting") was posted to Buildmax Shareholders on Friday, 24 November 2017. The Circular was also available on the Buildmax website (http://www.buildmax.co.za/). 2. Fulfilment of Suspensive Conditions and Important Dates and Times Buildmax is pleased to advise that all suspensive conditions to the Scheme have been fulfilled or waived earlier than anticipated and that the Scheme is therefore fully unconditional. Shareholders are advised that the Scheme will now be implemented in accordance with the following revised Salient Dates and Times. Words and expressions in the Timetable and the notes thereto shall have the same meanings as assigned to them in the Circular. IMPORTANT DATES AND TIMES 2018 Finalisation Date announcement released on SENS on Monday, 22 January Finalisation Date announcement to be published in the South African press Tuesday, 23 January on Scheme LDT, being the last day to trade Buildmax Shares on the JSE in Tuesday, 30 January order to be recorded in the Register to be entitled to receive the Scheme Consideration, on Suspension of listing of Buildmax Shares on the JSE at the commencement Wednesday, 31 January of trade on Scheme Consideration Record Date, being the date on which Scheme Friday, 2 February Participants must be recorded in the Register to receive the Scheme Consideration, by close of trade on Operative Date of the Scheme on Monday, 5 February Scheme Consideration to be paid/posted to Scheme Participants who are Monday, 5 February Certificated Shareholders (provided their form of surrender and transfer (blue) and Documents of Title are received on or prior to 12:00 on the Scheme Consideration Record Date) on or about Scheme Consideration expected to be credited to CSDP or broker accounts Monday, 5 February of Scheme Participant holding Dematerialised Shares on Termination of listing of Buildmax Shares on the JSE expected to take place at the commencement of trade on or about Tuesday, 6 February Notes: 1. Any further change in the dates and times will be released on SENS and published in the South African press. 2. All times given in this document are local times in South Africa. 3. Buildmax Shares may not be dematerialised or rematerialised after the Scheme LDT, which is Tuesday, 23 January 2018. Benoni 22 January 2018 Sponsor to Buildmax Sasfin Capital (a member of the Sasfin Group) Legal Adviser to Buildmax Webber Wentzel Legal Advisor to the Offeror DLA Piper South Africa Services Proprietary Limited Independent Expert BDO Corporate Finance Proprietary Limited Date: 22/01/2018 12:15:00 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.