Closing of the Khula Sizwe Black Public Offer Barloworld Limited Khula Sizwe Property Holdings (RF) Limited (Incorporated in the Republic of South Africa) (formerly Main Street 1646 (RF) Limited) (Registration number: 1918/000095/06) (Incorporated in the Republic of South Africa) (Income tax registration number: 9000/051/71/5) (Registration number: 2018/546305/06) (Share code: BAW) (Income tax registration number: 9157114241) (JSE ISIN: ZAE000026639) (ISIN: ZAU000016586) (Share code: BAWP) ("Khula Sizwe") (JSE ISIN: ZAE000026647) (Namibian Stock Exchange share code: BWL) ("Barloworld") CLOSING OF THE KHULA SIZWE BLACK PUBLIC OFFER Further to the announcement of the opening of the Khula Sizwe Black Public Offer, dated 10 April 2019, and using the terms defined in the Khula Sizwe prospectus issued on 10 April 2019, Barloworld and Khula Sizwe are pleased to announce that the Khula Sizwe Black Public Offer, which closed on 31 May 2019, was successful, with the Target Equity Raise oversubscribed. As disclosed in the Prospectus, please note: Important Dates for the Public Offer Khula Sizwe Shares allocated By no later than Wednesday, 31 July 2019 Sending Khula Sizwe Share confirmations and processing of refunds By no later than Friday, 30 August 2019 Johannesburg 5 June 2019 Company Secretary A Ndoni Corporate Adviser and Transaction Sponsor to Barloworld and Corporate Adviser to Khula Sizwe Tamela Holdings Proprietary Limited Date: 05/06/2019 08:00:00 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.