Further to its announcement on 7 August 2015 (regarding the conditional sale and lease-back of the above property), the company is pleased to advise that both the sale and lease-back of the above property are now unconditional.

Settlement of the sale and the commencement date of the lease are set down for Friday 30 October 2015.

For further information, please contact the undersigned.

Announcement authorised by:

Roy Campbell
Chief Executive Officer
Smiths City Group Limited