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EXTENSION OF MANDATORY OFFER

by / Friday, 30 June 2017 / Published in News

INDUSTRIAL CREDIT COMPANY AFRICA HOLDING LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1997/010950/06)

(“ICCAH” or “the Company”)

EXTENSION OF MANDATORY OFFER

Shareholders are referred to the announcement released in the press on 9 May 2017 regarding the firm

intention of JMH Trust Business Trust to make a Mandatory Offer to acquire the entire issued share

capital of ICCAH that it does not already own, by way of an offer in terms of Section 123 of the

Companies Act.

Shareholders are also referred to the circular relating to the Mandatory Offer dated 15 May 2017,

wherein shareholders were informed that the closing date of the Mandatory Offer is 12:00 on Friday,

30 June 2017.

The Company wishes to inform its shareholders that it has chosen to exercise its right, as per the

Circular, to extend the closing date of the Mandatory Offer. The Mandatory Offer will now close on

Friday, 28 July 2017. An announcement to this effect will be made in the press on Monday 3 July 2017.

By Order of the Board

Johannesburg

30 June 2017

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