Finalisation Announcement Relating to the Special Cash Dividend Torre Industries Limited (Incorporated in the Republic of South Africa) (Registration number 2012/144604/06) Share Code: TOR ISIN: ZAE000188629 (“Torre” or “the Company”) FINALISATION ANNOUNCEMENT RELATING TO THE SPECIAL CASH DIVIDEND Shareholders are referred to the SENS announcement, dated 12 November 2018, which contained, inter alia, notice of the payment of a special cash dividend of 35 cents per Torre share which has been declared out of cash and cash equivalent reserves of the Company. The issued ordinary share capital of the Company as at the declaration date was 514 197 105 Torre ordinary shares. The income tax number of the Company is 9698735157. Withholding tax on dividends at a rate of 20% will be deducted for all shareholders who are not exempt in terms of the legislation. This will result in a final net cash dividend of 28 cents per Torre Share to non- exempt shareholders. The relevant approvals have now been obtained from the South African Reserve Bank, and the salient dates associated with the special cash dividend are set out below: Last date to trade CUM dividend Tuesday, 4 December 2018 Trading EX dividend Wednesday, 5 December 2018 Record date Friday, 7 December 2018 Dividend payment date Monday, 10 December 2018 No share certificates may be dematerialisation or rematerialisation between Wednesday, 5 December 2018 to Friday, 7 December 2018 (both dates inclusive). Johannesburg 26 November 2018 Transaction Sponsor and Advisor Questco Proprietary Limited Date: 26/11/2018 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.