Renewal of Cautionary Announcement ELB GROUP LIMITED Incorporated in the Republic of South Africa (Registration number 1930/002553/06) JSE Code: ELR ISIN: ZAE000035101 (“ELB” or “the Company”) RENEWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement released by the Company on 5 November 2018, in terms of which shareholders were advised that ELB had commenced a strategic review of the Company, its operations and capital structure, with a view to positioning it to ensure the sustainability of operational performance and working capital requirements (“the Strategic Review”). While some positive progress has been made in this regard, the Strategic Review remains ongoing and accordingly shareholders are advised to continue exercising caution when dealing in the Company’s securities until a further announcement is made. Boksburg 14 December 2018 Corporate Advisor and Sponsor Questco Corporate Advisory Proprietary Limited Date: 14/12/2018 03:00:00 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.
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