Cautionary Announcement Insimbi Industrial Holdings Limited (Formerly Insimbi Refractory and Alloy Supplies Limited) (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “the Company” or “the Group”) CAUTIONARY ANNOUNCEMENT Shareholders are advised that the Company has entered into negotiations regarding a transaction which, if successfully concluded, may have a material effect on the price of the company’s securities. The strategic intent of the envisaged transaction is to expand the Group’s geographic presence in the metal recycling and trading business. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until further details are disclosed and a further announcement is made to that effect. 22 August 2018 Johannesburg Sponsor and Corporate Advisor: Bridge Capital Advisors Proprietary Limited Date: 22/08/2018 12:00:00 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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