Results of rights offer Imbalie Beauty Limited (Incorporated in the Republic of South Africa) (Registration number 2003/025374/06) JSE code: ILE ISIN: ZAE000165239 ("Imbalie Beauty” or “the Company") RESULTS OF RIGHTS OFFER Shareholders are referred to the circular dated 8 February 2018 and the announcement released on SENS on 21 February 2018 wherein Shareholders were advised that the underwriters had agreed to fully underwrite the rights offer from R10 million to R15 million upon the same terms and conditions as in the rights offer circular. Shareholders are advised that the rights offer was fully underwritten by Brits Engineering Industries Proprietary Limited, Holistics Remedies Proprietary Limited and SA Madiba Investments Proprietary Limited in terms of which they agreed to underwrite the allotment and issue of the 750 000 000 new ordinary no par value shares at a subscription price of 2 cents per rights share in the ratio of 118.28921 rights shares for every 100 Imbalie Beauty shares. Shareholders are advised that, following the close of the Rights Offer on Friday, 23 February 2018, 71 675 957 rights shares, representing 9.56% of the total rights shares, were subscribed for. The remaining 90.44% of the total rights shares will be issued to the underwriters. The CSDP or broker accounts of holders of Dematerialised Shares have been credited with Rights Shares on Monday, 26 February 2018. 26 February 2018 Woodmead Designated Advisor Exchange Sponsors Date: 26/02/2018 12:41:00 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.