Suspension of Listing and Withdrawal of Cautionary Announcement The Don Group Limited Incorporated in the Republic of South Africa (Registration number 1946/023123/06) Share code: DON ISIN: ZAE000008462 (“The Don” or “the Company”) SUSPENSION OF LISTING AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the circular dated 22 January 2013 regarding the proposed disposal by The Don in terms of section 112 of the Companies Act, 2008 of its remaining five hotel properties (“the Disposals”) wherein shareholders were advised that the implementation of the Disposals would result in the Company being classified as a “cash shell” in terms of the Listings Requirements of JSE Limited (“the JSE”) and that should the Company, within a period of six months after such classification, fail to enter into an agreement relating to the acquisition of viable assets that satisfy the conditions for listing in terms of the Listings Requirements (“Acquisition”), its listing would be suspended. As at 15 August 2013, the last of the properties was transferred and accordingly, with effect from such date, The Don was classified as a “cash shell” in terms of the Listings Requirements. The Don had until 15 February 2014 to enter into an agreement relating to an Acquisition. As The Don has been unable to enter into the aforementioned agreement within the requisite period of time, shareholders are advised that the cautionary announcement released on SENS on 11 February 2014 is hereby withdrawn, that caution is no longer required to be exercised when dealing in the Company’s securities, and that the JSE has advised the Company that its listing will be suspended with immediate effect. Furthermore, shareholders are advised that the board of directors of The Don (“the Board”) has taken the decision to make an offer to shareholders to buy back the shares in The Don at a price equal to the net asset value of the Company and thereafter to delist The Don from the JSE. The Board wishes to conclude the aforementioned offer as soon as practically possible and accordingly, shareholders will be advised of further details in this regard in due course. Johannesburg 19 February 2014 Sponsor Merchantec Capital Date: 19/02/2014 09:49:00 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.