Monthly update on the business rescue proceedings, disposals, post commencement finance and business rescue plan Group Five Limited (Incorporated in the Republic of South Africa) (Registration number: 1969/000032/06) Share code: GRF ISIN: ZAE000027405 ("Group Five" or "the Company" or "the Group") MONTHLY UPDATE ON THE BUSINESS RESCUE PROCEEDINGS, DISPOSALS, POST COMMENCEMENT FINANCE AND BUSINESS RESCUE PLAN Shareholders are referred to the SENS announcements of the 14th May, 20th June and 23rd July 2019 which contained the monthly updates of the business rescue proceedings. There have been no material disposals in the current month, with total proceeds once all related conditions precedent have been met remaining fairly static at R1,2bn on a cumulative basis on all disposals since the commencement of business rescue proceedings. As noted previously, numerous of the disposals are subject to final agreements or conditions precedent in order to be concluded. Where applicable, proceeds received from assets subject to security agreements will, or have been, utilised to reduce the relevant secured debt, with the balance of unsecured proceeds being applied to working capital requirements. The BRPs continue to receive ongoing support from the lender consortium by way of post commencement funding (PCF), including bilateral PCF on ongoing projects. The business rescue practitioners will publish the Business Rescue Plan on 30 August 2019. Shareholders are further advised that regular updates of the business rescue proceedings are available on the Company’s website (www.g5.co.za) 21 August 2019 Sponsor Nedbank Corporate and Investment Banking Date: 21/08/2019 10:30:00 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.