Renewal of cautionary announcement Brimstone Investment Corporation Limited (Incorporated in the Republic of South Africa) Registration number 1995/010442/06 (“Brimstone” or “the Company”) ISIN Number: ZAE000015277 Share Code: BRT ISIN Number: ZAE000015285 Share Code: BRN RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement published on SENS on 11 December 2017 regarding the proposed acquisition by a consortium of broad-based black economic empowerment investors led by Brimstone’s 54.9% held subsidiary, Sea Harvest Group Limited (“Sea Harvest”), of the entire fishing business of Viking Fishing Holdings Proprietary Limited as well as the acquisition by Sea Harvest of 51% of the issued share capital of Viking Aquaculture Proprietary Limited (“the Proposed Transaction”). Further to the announcement on 11 December 2017, shareholders are advised that progress is being made in regard to the Proposed Transaction and an announcement providing further details on the Proposed Transaction will be made as soon as practicably possible. Accordingly, Brimstone shareholders are advised to continue to exercise caution when dealing in the Company’s securities until such further announcement is made. Cape Town 25 January 2018 Sponsor Nedbank Corporate and Investment Banking Date: 25/01/2018 07:05:00 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.