GROUP FIVE LIMITED - Correction announcement

Correction announcement

Group Five Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/000032/06)
Share code: GRF ISIN: ZAE 000027405
("Group Five" or "the company" or "the group")

CORRECTION ANNOUNCEMENT

Shareholders are referred to Group Five’s audited group results for the year ended 30 June
2018 released on SENS on Tuesday, 2 October 2018 (the “Results Announcement”).

In this regard, shareholders are referred to an error in the “Commentary section” of the
Results Announcement under the heading “Non-current assets held for sale and
discontinued operations” which should have read that the group will be reducing its stake in
Intertoll Capital Partners B.V. from 50% to 10% and not 40% as stated in the Results
Announcement.

The paragraph should therefore have read as follows:

“Subsequent to 30 June 2018, the Board approved a partial disposal of the group’s
investment in service concessions assets in Eastern Europe, held through the group’s joint
venture investment with Aberdeen in Intertoll Capital Partners B.V. The group expects to
reduce its current 50% investment to 10%. This partial disposal relates to the investment in
service concessions assets only and not its operations and maintenance business. The
proceeds from this disposal will be utilised to settle the group’s short-term bridge funding.
The transaction is subject to shareholder approval. This will reduce the group’s current
liabilities significantly and will substantially improve its liquidity.”

3 October 2018

Sponsor
Nedbank Corporate and Investment Banking

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