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 7 July 2016, 22 August 2016, 3 October 2016, 14 November 2016, 28

December 2016, 9 February 2017 and 24 March 2017 and are advised that discussions for the potential private placement of shares that would result in Basil Read Holdings being a black owned Company are still ongoing and which, if successfully concluded, may have a material effect on the price of the Company's securities.

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

Johannesburg 11 May 2017

Company Secretary Andiswa T Ndoni

JSE Sponsor

Grindrod Bank Limited

Basil Read Holdings Limited published this content on 11 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 May 2017 05:11:11 UTC.

Original documenthttp://www.basilread.co.za/downloads/sens/2017/11May/Renewal of cautionary Announcement-11052017.pdf

Public permalinkhttp://www.publicnow.com/view/6E85F2DCC4BB5C211DA9D18E2CD5D253CC63A709