Delayed publication of the Company’s provisional annual financial statements for the year ended 28 February 2018 Gaia Infrastructure Capital Limited (Incorporated in the Republic of South Africa) (Registration number 2015/115237/06) ISIN: ZAE000210555 JSE code: GAI (“GAIA” or “the Company”) Delayed publication of the Company’s provisional annual financial statements for the year ended 28 February 2018 GAIA shareholders are advised that publication of the Company’s provisional annual financial statements for the year ended 28 February 2018 will be delayed and should be published on SENS and in the press on or before 15 June 2018. The reason for the delay is that, as announced on 19 September 2017, GAIA acquired its second asset, an effective see-through economic interest of 20% in the Noblesfontein Wind Farm, through a preference share structure (“the Noblesfontein Transaction”). With effect from 29 November 2017, the Company appointed Deloitte and Touche as external auditors to the Company. The accounting of the Noblesfontein Transaction; liaising with new external auditors to the Company; and the departure of the previous Finance Director on 9 February 2018, has resulted in a delay of the finalisation of the external audit of the Company’s annual financial statements. The company is on track to distribute its annual financial statements before the end of June 2018. Johannesburg 1 June 2018 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 01/06/2018 11:46:00 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.