Dividend Declaration and Finalisation Insimbi Refractory and Alloy Supplies Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “the Company” or “the Group”) DIVIDEND DECLARATION AND FINALISATION Insimbi is pleased to notify shareholders of the final dividend declared by the company and shareholders are also advised to take note of the dividend dates below. An interim dividend number 15 of 3 cents per share (2017: 1,5 cents) or R12 283 079 (2017: R3 898 384) was declared on 21 September 2017 for the half year ended 31 August 2017. The board has elected to retain this conservative approach and has opted to declare a final dividend number 16 of 3 cents per share (2017: nil cents) or R12 265 896 (2017: R nil). The board has confirmed by resolution that the solvency and liquidity test as contemplated by the Companies Act, No. 71 of 2008, as amended, has been duly considered, applied and satisfied. This is a dividend as defined in the Income Tax Act, 1962, and is payable from income reserves. The South African dividend tax rate is 20,0%. The dividend payable to shareholders who are subject to dividend tax and shareholders who are exempt from dividend tax is 2,4 cents and 3,0 cents per share, respectively. The income tax number of the company is 9078488153. The total dividend payable in the year under review was therefore 6 cents per share or R 24 548 975 (2017: 1,5 cents per share or R 3 898 384). Dividend dates: Last day to trade cum dividend Tuesday, 12 June 2018 2018 Commence trading ex dividend Wednesday, 13 June 2018 2018 Record Date Friday, 15 June 2018 2018 Payment date Monday, 18 June 2018 2018 *Shares certificates may not be dematerialised or rematerialised between Wednesday, 13 June and Friday, 15 June 2018, both dates inclusive. 29 March 2018 Johannesburg Sponsor: Bridge Capital Advisors Proprietary Limited Date: 29/05/2018 01:20:00 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.