No Change Statement, Posting of Integrated Report, Notice of Annual General Meeting and Retirement of Director CARGO CARRIERS LIMITED (Registration Number 1959/003254/06) Share code: CRG ISIN: ZAE000001764 ("Cargo Carriers" or "the Company") NO CHANGE STATEMENT, POSTING OF INTEGRATED REPORT AND NOTICE OF ANNUAL GENERAL MEETING AND RETIREMENT OF DIRECTOR No Change Statement and Posting of Integrated Report Shareholders are advised that the Company’s Integrated Report incorporating, inter alia, the audited consolidated annual financial statements for the year ended 28 February 2018 and a notice of annual general meeting, was posted to shareholders on 13 June 2018 and is available on the Company’s website: www.cargocarriers.co.za. The audited consolidated annual financial statements contain no modifications to the condensed annual financial statements released on SENS on 29 May 2018. Notice of Annual General Meeting Notice is hereby given that the annual general meeting of ordinary shareholders will be held at 09:00 on Thursday, 26 July 2018, at 11A Grace Road, Mountainview, Observatory, Johannesburg, to transact the business as stated in the notice of annual general meeting forming part of the Integrated Report. Record Date The record date on which shareholders of the Company must be registered as such in the Company’s securities register in order to attend and vote at the annual general meeting is Friday, 20 July 2018. The last day to trade in order to be eligible to vote at the annual general meeting will accordingly be Tuesday, 17 July 2018. Retirement of Director Shareholders are advised that Mr Alistair Franklin has advised the Board that as a result of his professional obligations as a Senior Counsel, he will not be available for re-election as a director of the Company at the annual general meeting and will accordingly retire from the Board with effect from 26 July 2018. The Board thanks Mr Franklin for his unwavering dedication and commitment to the Company over the past 15 years. Johannesburg 14 June 2018 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 14/06/2018 08:45:00 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.