Voluntary suspension in trading of CIG shares CONSOLIDATED INFRASTRUCTURE GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/004935/06) JSE share code: CIL ISIN: ZAE000153888 (“CIG” or the “Company”) VOLUNTARY SUSPENSION IN TRADING OF CIG SHARES Shareholders are referred to the announcements released on Tuesday, 3 November 2020 and Tuesday, 10 November 2020 wherein shareholders were advised that Consolidated Power Projects Proprietary Limited (“Conco”) and CIG respectively had commenced voluntary business rescue proceedings followed by an announcement that Petrus van den Steen and Martin du Toit Liebenberg have accepted the appointment as joint business rescue practitioners (“BRPs”) to CIG and to Conco. In light of these decisions, the Company applied to the JSE for the voluntary suspension of trading in CIG shares in terms of paragraph 1.10 of the JSE Listings Requirements and this request has today been approved by the JSE. The Company believes that the suspension of the CIG shares is appropriate as there is, and will continue to be, two levels of information in the market which the Company is not able to address via general market announcements. As a result of the voluntary business rescue proceedings and as required under the Companies Act 71 of 2008, the BRPs are required to engage and consult with various stakeholders, including creditors and employees, but will also need to engage with lenders, guarantors, debtors and customers to ensure continued support and payments for the underlying businesses. These engagements will occur on an ongoing basis utilising non-public information in order to establish and finalise the most appropriate course of action through the business rescue process that are in the best interests of all stakeholders. It is not reasonable to assume that information provided during these engagements will remain confidential, despite the best efforts of the BRPs. In addition, investors that may have more knowledge (howsoever that knowledge was gained) and are aware of this situation may likely trade in CIG shares to others who are less informed. The Company does not wish to unnecessarily prejudice current shareholders by restricting their trading ability, but this is outweighed by its desire to protect innocent participants trading on the market from investing in shares with limited information, and particularly so in an environment such as business rescue where rapid decisions are being made and many advisors, lenders, insurers and other parties are demanding access to information in the absence of which they would withdraw the immediate financial support for CIG and Conco. The BRPs are aware of the requirement to publish price sensitive information timeously and will seek to adhere to the JSE Listings Requirements, subject to their ability to do so. However, there may be instances where such information is not published or only practically able to be published at a later. 25 November 2020 Sponsor Java Capital Date: 25-11-2020 02:50:00 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.