Delay in publishing the financial results

Pallinghurst shareholders are advised that a delay in the publishing of the Company’s financial results for the year ended 31 December 2017 is ongoing. This delay relates to the accreditation by the JSE of the Company’s external auditors, BDO LLP (“BDO”). BDO has submitted an application for JSE accreditation. This application is being considered by the JSE. Following this accreditation, the Company’s audited financial results for the year ended 31 December 2017 will be published.