Clarification Announcement: 2018 Annual General Meeting GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) CLARIFICATION ANNOUNCEMENT: 2018 ANNUAL GENERAL MEETING Shareholders are referred to the announcement published by the Company on 31 October 2018 (“Announcement”) in terms of which shareholders were given notice of the annual general meeting (“Notice of AGM”). Further to the publication of the aforementioned SENS announcement and the distribution of the Notice of AGM, shareholders are hereby advised that it has come to the attention of the Company that the time of the Company’s annual general meeting as contained in the Notice of AGM and proxy form has been erroneously stated as: “to be held at 18:00” instead of “to be held at 18:30”. For the avoidance of doubt, the details of the AGM as stated in the Announcement are correct and, for the avoidance of doubt are restated below: Notice is hereby given of the annual general meeting of shareholders of Grand Parade Investments Limited to be held at 18:30 on 12 December 2018 in the Market Hall at GrandWest Casino, 1 Jakes Gerwel Drive, Goodwood, Cape Town, Western Cape. The updated Notice of AGM and proxy form are available on the Company’s website at https://thevault.exchange/?get_group_doc=13/1541156006- GrandParadeNoticeofAGMfinal.pdf Cape Town 2 November 2018 Sponsor PSG Capital Date: 02/11/2018 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.