Advice of Legal Matter PEMBURY LIFESTYLE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/205899/06) (“PL Group” or “the Company”) ISIN Code: ZAE000222949 JSE Code: PEM ADVICE OF LEGAL MATTER Shareholders are advised that the Company has incorrectly been cited as owing an amount of R483 765.00 to Artificial Grass SA Proprietary Limited (“AG SA”) for work which was carried out at two of the schools, namely PLG Willow View Academy and PLG Raslouw Academy. The work was contracted by Kygoway Proprietary Limited (“Kygoway”), which company does the construction work for the schools and retirement villages. There is currently a dispute between AG SA and Kygoway around the quality of the workmanship. However, AG SA has applied for the liquidation of the PL Group as a means of enforcing payment of a debt due by Kygoway. PL Group is not a party to the transaction and has not been invoiced by AG SA for the subject-matter claims. This matter is being defended by the PL Group. By order of the board Johannesburg 6 November 2018 Designated Advisor Arbor Capital Sponsors Date: 06/11/2018 01:10:00 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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