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Thu 7 Jul 2016, 10:10 BASIL READ HOLDINGS LIMITED - Cautionary announcement
BSR 201607070007A
Cautionary announcement

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")


CAUTIONARY ANNOUNCEMENT

Shareholders are hereby advised that Basil Read Holdings Limited has
entered into discussions for the potential private placement of shares
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 further announcement is made.

Johannesburg
7 July 2016

Company Secretary
Andiswa T Ndoni

JSE Sponsor
Grindrod Bank Limited

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