Investor Centre

WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT

Termination of participation in Oil Prospecting Licence 281

In compliance with JSE Limited (“JSE”) Listings Requirement 3.9, an issuer who has published a cautionary announcement must provide updates thereon in the required manner and within the time limits prescribed.

FURTHER CAUTIONARY ANNOUNCEMENT

In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 an issuer that has published a cautionary announcement must provide updates thereon in the required manner and within the time limits prescribed.

With reference to the cautionary announcements, the last of which was published on 2 February 2015 on the Stock Exchange News Service of the JSE and on the Regulatory News Service of the London Stock Exchange, SacOil shareholders (“Shareholders”) are advised that the Company is still in the process of considering its portfolio rationalisation, which, if successfully concluded, may have a material effect on the price of SacOil ordinary shares (“Shares”).

SACOIL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1993/000460/06) JSE Share Code: SCL AIM Share Code: SAC ISIN: ZAE000127460 (“SacOil” or “the Company”) CHANGE OF ADDRESS SacOil announces that its registered office address has changed from 2nd Floor, The Gabba Dimension Data Campus, 57 Sloane Street, Bryanston, 2021, Gauteng to No.12,…

Further Cautionary Announcement

In compliance with JSE Limited (“JSE”) Listings Requirement 3.9 an issuer that has published a cautionary announcement must provide updates thereon in the required manner and within the time limits prescribed.

SacOil Holdings Limited (“SacOil”) through its subsidiary Mena International Petroleum Company Limited (“Mena”) is pleased to announce the successful on-time completion of phase 1 of the field development operations at the Lagia oil field in Sinai, onshore Egypt.

SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited (“Mena”), is pleased to announce the commencement of field development operations at its 100% owned Lagia oil field in Sinai, onshore Egypt.

Shareholders are advised that, in line with SacOil’s strategy to focus on proven resources as a base for growth, the Company has embarked on a process of balancing and rationalising its portfolio of assets.

SacOil, the African independent upstream Oil & Gas Company, is pleased to announce the appointment of Mr Damain Matroos as the Chief Financial Officer of SacOil with effect from 1 February 2015. Mrs Tariro Mudzimuirema, currently Acting Finance Director, will step down from her position on the same date. Tariro will return to the position of Financial Manager on the same date.

Further to the announcement dated 31 March 2014, SacOil, the Public Investment Corporation SOC Limited (“PIC”) and The Instituto de Gestão das Participações do Estado (“IGEPE”) (collectively “the JDA Partners”) have signed a Joint Development Agreement (“JDA”) dated 03 December 2014 to evaluate the technical and commercial feasibility of a transnational terrestrial gas pipeline and distribution facility that will carry natural gas from Mozambique’s Rovuma fields into South Africa, with off-takes to other neighbouring Southern African Development Community (“SADC”) countries (“the Project”).