Distribution of Circular and Notice of General Meeting Comair Limited (Incorporated in the Republic of South Africa) (Registration number 1967/006783/06) Share code: COM ISIN: ZAE000029823 (“Comair” or “the Company”) DISTRIBUTION OF CIRCULAR AND NOTICE OF GENERAL MEETING Shareholders are advised that the Company intends to create a variable voting structure which will be applicable to foreign shareholders in order to enable the Company (as a licensed air service operator) to remain in compliance with the legislated Foreign Ownership Restriction in South Africa. To this extent the Company is proposing amendments to its memorandum of incorporation (“MOI”). Shareholders are hereby advised that the JSE has formally approved the circular relating to the amendments to the Company’s MOI (“the Circular”) and that the Circular was distributed to shareholders today, 20 October 2017. NOTICE OF GENERAL MEETING Notice is hereby given that a general meeting of Comair shareholders will be held at 14:00 on Tuesday, 28 November 2017, at Comair’s Operation Building, corner Fortress and Whirlwind Roads, Rhodsfield, South Africa (“the General Meeting”), to consider and if deemed fit approve, the resolutions relating to the amendments to the Company’s MOI as contained in the notice of General Meeting which forms part of the Circular. The date on which shareholders must be recorded in the share register of the Company for purposes of being entitled to attend and vote at the General Meeting is Friday, 17 November 2017, with the last day to trade being Tuesday, 14 November 2017. The Circular incorporating the notice of General Meeting is also available on the Company’s website www.comair.co.za and can be viewed at its offices at 1 Marignane Drive, Bonaero Park South Africa, during office hours. Bonaero Park 20 October 2017 Sponsor PSG Capital Proprietary Limited Date: 20/10/2017 01:00:00 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.