SENS

CND : Liquidation Application Update:

Conduit Capital Limited

Incorporated in the Republic of South Africa

(Registration number 1998/017351/06)

Share code: CND ISIN: ZAE000073128

("Conduit Capital" or "the Company")

LIQUIDATION APPLICATION UPDATE

Shareholders are referred to the announcement released on SENS on 4 April 2024 wherein it was advised that,

pursuant to applications filed at the Western Cape High Court ("the Court") on 2 April 2024 by the liquidators of

Constantia Insurance Company Limited (in liquidation) for orders to provisionally wind-up Conduit Capital and its

wholly owned subsidiary, Conduit Ventures Proprietary Limited ("the Applications"), given that the Applications

were opposed, the Court had postponed the hearing thereof to 2 August 2024.

Shareholders are hereby advised that the Applications were today, 2 August 2024, dismissed by the Court with

costs.

Cape Town

2 August 2024

Sponsor

Merchantec Capital

Date: 02-08-2024 04:00:00

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