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Tue 17 Nov 2015, 16:12 WINHOLD LIMITED - Cautionary Announcement
WNH 201511170052A
Cautionary Announcement

WINHOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1945/019679/06)
Share Code: WNH               ISIN: ZAE000033916
(“the company”)


CAUTIONARY ANNOUNCEMENT TO SHAREHOLDERS


Shareholders are advised that a non-binding expression of interest to acquire the company has
been received, which could possibly result in an offer being made to all shareholders.

While the discussions do not at present represent an intention to make an offer in terms of the
Companies Act, 2008, shareholders are urged to exercise caution when dealing in their shares until
further announcements in this regard are made.




By order of the board.

Germiston
17 November 2015


Sponsor
Arbor Capital Sponsors Proprietary Limited

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