RMB HOLDINGS LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

RMB Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1987/005115/06)
ISIN: ZAE000024501
Share Code: RMH
(“RMH” or “the Company”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

RMH shareholders are referred to the announcements released on the Stock Exchange
News Service (“SENS”) on 19 November 2019, 7 January 2020 and 18 February 2020
wherein they were advised that, following a review of the Company’s investment portfolio, the
board of directors of RMH (“RMH Board”) had resolved to restructure the Company’s
portfolio of assets and liabilities (“Restructuring”).

Remgro Limited (“Remgro”), in separate announcements released on SENS on 19
November 2019, 7 January 2020 and 18 February 2020, advised of its intention to distribute,
in full or in part, its exposure to both RMH and FirstRand, to Remgro shareholders.

RMH shareholders are advised that, although still committed to the Restructuring, given the
unprecedented market turmoil being experienced in South Africa and globally as a result of
Covid-19, the RMH Board is currently assessing the optimal timing and detailed transaction
steps required to give effect to the Restructuring.
An announcement setting out the detailed terms of the Restructuring, or any possible further
delays in the process, will be published on or before 14 April 2020.

Accordingly, RMH shareholders are advised to continue to exercise caution when dealing in
the Company’s securities, until a detailed announcement is made.

Sandton
31 March 2020

Financial Adviser and Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 31-03-2020 07:05:00
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