Liquified Natural Gas Sales Agreement Concluded and Withdrawal of Cautionary RENERGEN LIMITED Incorporated in the Republic of South Africa (Registration number: 2014/195093/06) Share code: REN ISIN: ZAE000202610 (“Renergen” or “the Company”) Liquified Natural Gas Sales Agreement Concluded and Withdrawal of Cautionary Shareholders are referred to the cautionary announcements, the last of which was released on 8 May 2018 wherein the Company announced that it was in discussions with various parties to secure offtake agreements, which may have a material effect on the price of the Company’s securities. Renergen and Anheuser-Busch InBev SA/NV, through their respective subsidiaries Tetra4 Proprietary Limited (“Tetra4”) and The South African Breweries Proprietary Limited (“SAB”), are pleased to announce the conclusion of an off-take agreement for the provision of natural gas by Tetra4 to SAB to use in displacing diesel use in trucks (the “Agreement”). The Agreement sees the initial roll out of compressed natural gas to a small fleet of trucks in the Gauteng area, using gas from Tetra4’s Virginia operations. This will be upgraded to a significantly larger fleet to run on liquified natural gas (“LNG”) once Tetra4’s plant reaches operational status in 2019. “This agreement with SAB marks another large scale South African logistics operation to use new age fuels. The use of LNG not only drastically reduces carbon emissions, but has the added advantage of improving the vehicle’s lifecycle maintenance and reduces the operator’s cost significantly. Renergen wants to remain a pioneer in alternative energy sources, and is proud to be associated with SAB in such a landmark agreement,” said Renergen CEO Stefano Marani. WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT Following the release of this announcement caution is no longer required to be exercised by shareholders of Renergen when dealing in Renergen shares. Email investor queries to investorrelations@renergen.co.za Johannesburg 21 May 2018 Designated Adviser PSG Capital Date: 21/05/2018 03:00:00 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.