Further Cautionary Announcement CONTROL INSTRUMENTS GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1964/003987/06) Share Code: CNL ISIN: ZAE000001665 (“Control Instruments” or “the Group”) FURTHER CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcements dated 29 November 2013 and 13 December 2013 issued by the Group and specifically the cautionary announcement issued by Torre Industrial Holdings Limited on 13 January 2014. In terms of the cautionary announcement issued yesterday, Torre Holdings Proprietary Limited (“Torre”) has advised that it is contemplating proposing a scheme of arrangement (“the Scheme”) in terms of section 114 of the Companies Act No. 71 of 2008 (“Companies Act”) in respect of Control Instruments. Torre has stated in its cautionary announcement that if successfully implemented the Scheme would result in Torre owning 100% of the shares in Control Instruments and that the anticipated transaction price of the Scheme is R1.40 per Control Instruments share, but at this stage remains subject to the conclusion of a due diligence exercise (which it has advised is expected to be completed on or before 31 January 2014). Shareholders of Control Instruments are advised to continue to exercise caution when dealing in the shares of Control Instruments, until a further announcement is made. Johannesburg 14 January 2014 Sponsor Investec Bank Limited Date: 14/01/2014 10:17:00 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.
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