Further cautionary announcement Clover Industries Limited Incorporated in the Republic of South Africa (Registration number 2003/030429/06) JSE Ordinary Share code: CLR NSX Ordinary Share code: CLN ISIN NO: ZAE000152377 (“Clover” and/ or “Company”) FURTHER CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement released on the Stock Exchange News Service on 19 October 2018, advising of the Company’s negotiations with a third party regarding its potential acquisition of the entire issued share capital of Clover. Shareholders are advised that the Company is still in these negotiations which, if successfully concluded, may have a material effect on the price of the Company's securities. In addition, the Company is now the subject matter of further interest from other third parties. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company's securities until a further announcement is made. Johannesburg 30 November 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) NSX Sponsor Mercantec Capital Namibia Proprietary Limited Attorneys Werksmans Inc. Date: 30/11/2018 10:00:00 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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