BARLOWORLD LIMITED - Acquisition of securities by Zahid Tractor & Heavy Machinery Co. Limited

Acquisition of securities by Zahid Tractor & Heavy Machinery Co. Limited

Barloworld Limited
(Incorporated in the Republic of South Africa)
(Registration number 1918/000095/06)
(Income Tax Registration number 9000/051/71/5)
(Share code: BAW)
(JSE ISIN: ZAE000026639)
(Share code: BAWP)
(JSE ISIN: ZAE000026647)
(Namibian Stock Exchange share code: BWL)
("Barloworld" or the "Company")

ACQUISITION OF SECURITIES BY ZAHID TRACTOR & HEAVY MACHINERY CO. LIMITED

In accordance with Section 122(3)(b) of the Companies Act, No 71 of 2008, as amended and
paragraph 3.83(b) of the JSE Limited Listings Requirements, Barloworld shareholders are
advised that the Company has received a formal notification that Zahid Tractor & Heavy
Machinery Co. Limited ("Zahid Tractor & Heavy Machinery") has in aggregate, acquired an
additional interest of 5.0% in the total issued ordinary shares of the Company, such that Zahid
Tractor & Machinery now holds 15% of the total issued ordinary shares in the Company.

Zahid Tractor & Heavy Machinery is a member of the Zahid Group of companies, a long
established, diversified group headquartered in Saudi Arabia.

As required in terms of section 122(3)(a) of the Act, Barloworld has filed the required notice with
the Takeover Regulation Panel.


Please refer all to:

bawir@barloworld.com
+27 11 445 1000


Sandton
28 September 2020


Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 28-09-2020 05:50:00
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