Availability of investor presentation, update regarding the potential acquisition of TAB and renewal of cautionary METAIR INVESTMENTS LIMITED Incorporated in the Republic of South Africa Registration Number 1948/031013/06 Share Code: MTA ISIN Number: ZAE000090692 (“Metair” or the “Company”) AVAILABILITY OF INVESTOR PRESENTATION, UPDATE REGARDING THE POTENTIAL ACQUISITION OF TAB AND RENEWAL OF CAUTIONARY Shareholders are advised that Metair will be participating in and presenting at the Avior Corporate Summit 2018, to be held on 26, 27 and 28 June 2018 (“Summit”). The presentation that will be delivered by Metair at the Summit will contain, inter alia, information regarding the potential acquisition by Metair of Tovarna Akumulatorskih Baterij d.d. (“TAB”), (the “Potential Transaction”), as detailed in the cautionary announcement published on SENS on Friday, 1 June 2018 (“Cautionary Announcement”). A copy of the presentation will be available on Metair’s website (www.metair.co.za) from Tuesday, 26 June 2018. Additionally, further to the Cautionary Announcement, Shareholders are advised that the Company and its advisors, through the due diligence process, were in the process of assessing the efficiency of funding the purchase consideration in regard to the Potential Transaction (“Purchase Consideration”) through forms of debt or equity or a combination thereof. The Company has determined that, in light of the recent decline in the share price of Metair, the equity funding alternative may not be the most beneficial and efficient manner in which to further the objectives of the Potential Transaction. Accordingly, the Company and its advisors are currently focussing their assessment on the most effective and efficient debt funding alternatives for purposes of settling the Purchase Consideration. Shareholders are reminded that the Potential Transaction is still in its early stages and is subject to a number of conditions including, inter alia, satisfactory completion of a detailed full scope due diligence, negotiating the final terms of the Potential Transaction with the shareholders of TAB, Metair securing the required financial and shareholder support and other conditions customary to a transaction of this nature, such as regulatory and shareholder approvals. Shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a further announcement regarding the Potential Transaction and the Potential BEE Transaction (as defined in the Cautionary Announcement) is published. Johannesburg 25 June 2018 Sponsor One Capital Date: 25/06/2018 01:30:00 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.