Renewal of Cautionary Announcement LABAT AFRICA LIMITED (Incorporated in the Republic of South Africa) (Registration number 1986/001616/06) (“Labat” or “the Company”) ISIN Code: ZAE 000018354 Share code: LAB RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcements issued on 24 July 2018, 5 September 2018 and 17 October 2018. Labat advises that the acquisitions of Senna Motors Proprietary Limited (T/A Elf Trans) and Centenary Tankers are still subject to significant conditions precedent which are still being finalised. The successful conclusion of the Acquisitions, may have a material effect on the price of the Company’s securities. Accordingly, shareholders are reminded to exercise caution when dealing in the securities of the Company until further announcements are made. Johannesburg 28 November 2018 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 28/11/2018 03:40:00 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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