Extension of dates in respect of the scheme of arrangement Torre Industries Limited Main Street 1641 Proprietary Limited (Incorporated in the Republic of South (Incorporated in the Republic of South Africa) Africa) (Registration number 2018/420756/07) (Registration number 2012/144604/06) (“Consortium” or “Offeror”) Share Code: TOR ISIN: ZAE000188629 (“Torre” or “the Company”) EXTENSION OF DATES IN RESPECT OF THE SCHEME OF ARRANGEMENT Torre shareholders are referred to the announcement released on SENS on 21 December 2018. Using the terms defined in a Circular, dated, 21 December 2018, containing details of the Offer and Delisting of the Company, Torre shareholders are advised that the Scheme of Arrangement has not as yet become unconditional as certain regulatory approvals are still outstanding. Accordingly, the remaining salient dates set out in the aforementioned announcement will be updated in due course and a further announcement in this regard will be released once the outstanding regulatory approvals have been obtained. Johannesburg 12 February 2019 Legal Adviser to EMMF Webber Wentzel Incorporated Corporate Finance Advisor to the Consortium Apex Partners Proprietary Limited Torre Transaction Sponsor Questco Proprietary Limited Independent Expert BDO Corporate Finance Proprietary Limited Date: 12/02/2019 09:00:00 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.