Cautionary Announcement

BUILDMAX LIMITED
Incorporated in the Republic of South Africa
(Registration No. 1995/012209/06)
Share Code: BDM
ISIN Code: ZAE000167318
("Buildmax" or "Company")


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the Company has entered into negotiations/discussions, which if
successfully concluded may have a material effect on the price of the Company's securities.

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

Benoni
17 August 2017


Sponsor to Buildmax
Sasfin Capital (a member of the Sasfin group)

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