Approval of scheme and withdrawal of cautionary announcement GOODERSON LEISURE CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1972/004241/06) (Share Code: GDN ISIN Code: ZAE000084984) (“Gooderson” or “the company”) Approval of scheme and withdrawal of cautionary announcement Shareholders are referred to the announcement released on SENS on 22 December 2016. The scheme has been approved and will be implemented. The revised timetable for implementation is as follows: Expected date of receipt of compliance certificate of TRP on Monday, 23 January 2017 Expected finalisation announcement before 11:00 on Tuesday, 24 January 2017 Expected last day to trade for shareholders wishing to receive the scheme consideration Tuesday, 31 January 2017 Expected date of suspension of the listing of Gooderson shares on the JSE Wednesday, 01 February 2017 Expected scheme record date Friday, 03 February 2017 Expected scheme payment date Monday, 06 February 2017 Expected date of termination of the listing of the company’s shares at the commencement of trade on the JSE on Tuesday, 07 February 2017 Shareholders need no longer exercise caution when trading the securities of the company. Johannesburg 18 January 2017 Designated and corporate adviser Exchange Sponsors Date: 18/01/2017 12:53:00 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.