Imperial Logistics : Notification of an acquisition of beneficial interest in Imperial securities

Imperial Logistics Limited

(Incorporated in the Republic of South Africa) Registration number 1946/021048/06

ISIN: ZAE000067211

JSE share code: IPL ("Imperial" or "Company")

Notification of an acquisition of beneficial interest in Imperial securities

In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Companies Act"), Regulation 121(2)(b) of the Companies Act Regulations 2011 and paragraph 3.83(b) of the JSE Limited Listings Requirements, shareholders are advised that the Company has received notification from Investec Limited of an acquisition by Investec Markets Proprietary Limited, a subsidiary of Investec Limited, of Imperial ordinary shares, such that Investec Limited now holds 5.0864% of Imperial's total issued ordinary shares.

The Company confirms that, as required in terms of section 122(3)(a) of the Companies Act, it has filed the required notices with the Takeover Regulation Panel and that, to the best of its knowledge and belief, the information supplied by Investec Limited is complete and consistent.

Bedfordview

10 March 2022

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)