1 February 2016

Further to the announcement dated 28 January 2016, IPSA announces that it has today posted a circular to shareholders of the company, outlining the rationale behind the Disposal and calling a General Meeting of shareholders.

The General Meeting will be held at the offices of WH Ireland Limited at 24 Martin Lane, London EC4R 0DR at 2.30 p.m. on 16 February 2016. The circular will shortly be made available for review on the Company's website at www.ipsagroup.co.uk/investors

For further information contact:

Mark Otto, Acting CEO

IPSA Group PLC

+27 (84) 219 2000

James Joyce / James Bavister

W H Ireland Ltd

+44 (0) 20 7220 1666

Riaan van Heerden,

PSG Capital (Pty) Ltd.

+27 (0) 21 887 9602

Download full RNS announcement

IPSA Group plc issued this content on 01 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 February 2016 19:03:03 UTC

Original Document: http://www.ipsagroup.co.uk/news-and-publications/263-proposal-for-disposal-of-assets-and-notice-of-general-meeting.html