Basil Read Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number 1984/007758/06
Share Code: BSR ISIN: ZAE000029781 ("Basil Read" or "the Company")

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcements released on SENS
on 11 December 2014, 28 January 2015, 27 March 2015 and 14 May 2015, 26
June 2015 as well as the transaction announcement released on 15 February
2015 and are advised that the discussions for the potential disposal of
certain other non-core assets including Basil Read Energy as set out below, are still ongoing and if successfully concluded may have a material effect on the price of the Company's securities.
Basil Read Energy (previously part of the TWP group)
Non-binding indicative offers were received in November 2014. A preferred
bidder has been selected and the transaction is now subject to regulatory approval.
Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company's securities until full announcements are made.
Johannesburg
7 August 2015
Company Secretary
Andiswa T Ndoni
JSE Sponsor
Grindrod Bank Limited

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