PPC LIMITED - Renewal of Cautionary Announcement

Renewal of Cautionary Announcement

 PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE and ZSE Code: PPC
ISIN: ZAE000170049
("PPC" or the "Company")

PROPOSED NEW BLACK ECONOMIC EMPOWERMENT TRANSACTION

RENEWAL OF CAUTIONARY ANNOUNCEMENT

PPC shareholders are referred to the detailed cautionary announcement dated 14 December 2017
regarding a proposed new black economic empowerment transaction.

As stated in the abovementioned announcement, in order to address non-compliance with the
Mining Charter, the board of directors of PPC has approved a framework for a top-up BEE
transaction to restore BEE equity shareholding in respect of the South African operations (the
“Proposed BEE Transaction”).

Detailed terms of the Proposed BEE Transaction have not yet been disclosed, accordingly, PPC
shareholders are advised to continue exercising caution when dealing in securities of PPC until a
detailed announcement is published.

Sandton
29 January 2018

Investor contacts:
PPC:
Anashrin Pillay
Tel: +27 (0) 11 386 9000
Anashrin.Pillay@ppc.co.za

Siobhan McCarthy
Group Manager Corporate Affairs
Siobhan.mccarthy@ppc.co.za
Tel: +27 (0) 11 386 9000

Sponsor to PPC:
Merrill Lynch South Africa (Pty) Ltd

Investment Bank, Corporate Advisor and Transaction Sponsor to PPC:
Nedbank Limited, acting through its Corporate and Investment Banking Division

Legal Advisor to PPC:
Tshisevhe Gwina Ratshimbilani Inc.

Financial Communications Advisor:
Instinctif Partners
Gift Dlamini
Gift.dlamini@instinctif.com
Mobile: +27 (0) 11 050 7536

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