Cautionary announcement Nampak Limited (Incorporated in the Republic of South Africa) Registration Number: 1968/008070/06 Share Code: NPK ISIN: ZAE 000071676 (“Nampak” or “the Company”) CAUTIONARY ANNOUNCEMENT Shareholders are advised that Nampak, since December 2018, has been in exclusive negotiations with a preferred bidder in respect of the potential disposal of the Nampak Glass business, which, if successfully concluded, may have a material effect on the price of the Company’s securities. Following the decision of Nampak to dispose of the Glass business, Nampak initiated a competitive disposal process, which has now resulted in Nampak entering into an exclusivity arrangement with the preferred bidder. The preferred bidder is a black South African owned company and is supported by a large international corporation with significant glass expertise. The process is on track with a view to concluding a sale and purchase agreement by April 2019. The transaction, if concluded, will be subject to conditions precedent that is customary for a transaction of this nature. Accordingly, shareholders are advised to exercise caution when dealing in the Company’s securities until a full announcement is made. Bryanston 28 February 2019 Sponsor: UBS South Africa (Pty) Ltd Date: 28/02/2019 11:00:00 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.