Update on the disposal of Muldersdrift Quarry business, Property and Mining right W G WEARNE LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1994/005983/06) (Share Code: WEA ISIN Code: ZAE000078002) (“Wearne” or “the Company” or “the Group’’) Update on the disposal of Muldersdrift Quarry business, Property and Mining right Shareholders are referred to the SENS announcement dated 5 December 2019 regarding the Transactions that Wearne and its subsidiary Wearne Aggregates (Pty) Limited entered into with Drift Supersand (Pty) Ltd. In this announcement words have the same meanings as defined in the said announcement. Shareholders are advised that the Sale of Business Agreement and Lease Agreement are unconditional in all respects and have been implemented. Randfontein 22 January 2020 Designated adviser Exchange Sponsors Date: 22-01-2020 12:40:00 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.