WILDERNESS HOLDINGS LIMITED - Withdrawal of cautionary announcement dated 7 July 2015

Withdrawal of cautionary announcement dated 7 July 2015

Wilderness Holdings Limited
(Registration number 2004/2986)
(Registered as an external company in South Africa Registration number 2009/022894/10)
ISIN: BW0000000868
Share code: WIL
("Wilderness" or "the Company")

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT DATED 7 JULY 2015

Shareholders are advised that the Cautionary Announcement issued on 7 July 2015, is hereby
withdrawn.

The Company received on 30 June 2015 a notice of intention to make a compulsory offer from Wine
Investments Limited ("Wine").

To date, Wine has failed to provide the Board of Directors ("the Board") with reasonable information
in order to enable the Board to assess the transaction that would give rise to the intended offer.

Wine has further indicated that such offer is dependent on the outcome of certain conditions.

Accordingly, in the Board’s view, the circumstances are therefore too vague and conditional so as to
constitute a mandatory offer capable of being considered by our shareholders.

The Board has therefore elected to lift the cautionary, and advises it is not in discussions with the
potential offeror.

Should circumstances change then the Board will re-consider this matter, and inform the
shareholders accordingly. Shareholders are advised that caution is no longer required.

Board of Directors
Wilderness Holdings Limited
30 July 2015

JSE sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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