PPC LIMITED - Correction of Stock Exchange News Service Announcement

Correction of Stock Exchange News Service Announcement

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number 1892/000667/06)
JSE ISIN: ZAE000170049
JSE code: PPC ZSE code: PPC
("PPC" or "Company")

CORRECTION OF STOCK EXCHANGE NEWS SERVICE ANNOUNCEMENT

Shareholders of PPC are referred to the Company announcement released on the Stock
Exchange News Service, dated 18 August 2020, regarding, amongst others, the
restatement of the prior year financial results. Your attention is drawn to errors
identified under items 1) Equity-accounted investment in Habesha; and 2) Zimbabwe
financial asset fair value, and the Company would like to state that the audit
process in respect of the identified errors, was triggered by the JSE Proactive
Monitoring process.

Sandton
19 August 2020

Sponsor:
Merrill Lynch South Africa (Pty) Limited

PPC:
Financial Communications Advisor:
Instinctif Partners
Louise Fortuin
Mobile: +27 71 605 4294

Date: 19-08-2020 02:46:00
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