Withdrawal of cautionary and update on Afrimat announcement

Infrasors Holdings Limited

(Incorporated in the Republic of South Africa)

(Registration number: 2007/002405/06)

Share Code: IRA

ISIN: ZAE 000101507

("Infrasors")

CHANGE IN CONTROLLING SHAREHOLDER AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Infrasors shareholders are advised that the Infrasors board is aware of a conditional offer that has been made to certain Infrasors shareholders which has been accepted and will result in Afrimat Limited ("Afrimat") being the controlling shareholder of Infrasors if the proposed transaction becomes unconditional.

Afrimat has published an announcement today disclosing the details of the conditional offer, which announcement may affect the price of Infrasors shares.

Infrasors shareholders are advised to refer to the Afrimat announcement for details of the conditional offer.

WITHDRAWAL OF CAUTIONARY ANNOUCEMENT

Shareholders are referred to previous cautionary announcements, the last of which was released on SENS on 8 January 2013 and are advised that Infrasors are hereby withdrawing the cautionary but advise  Infrasors  shareholders  to use their discretion when dealing in their Infrasors shares. Shareholders are further advised to continue to be alert to any further Afrimat announcements.

Johannesburg

18 January 2013

Sponsor

Sasfin Capital (a division of Sasfin Bank Limited)

Date: 18/01/2013 02:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.



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