NEWPARK REIT LIMITED - Notification of change of auditors

Notification of change of auditors

NEWPARK REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2015/436550/06)
JSE share code: NRL ISIN: ZAE000212783
(Approved as a REIT by the JSE)
(“Newpark” or “the company”)
                                                                                              

NOTIFICATION OF CHANGE OF AUDITORS


Shareholders are advised that following a formal tender process initiated by the company as a result of non-agreement
on the proposed audit fees and in an effort to reduce company operating costs, the audit services of
PricewaterhouseCoopers Inc. (“PwC”) have been terminated by mutual agreement. BDO South Africa Inc. (“BDO”),
together with Stephen Shaw as the designated audit partner, has been appointed as the new external auditors effective
16 October 2018.

The board of directors of Newpark extends its appreciation to PwC for their contribution to the company.

17 October 2018


Designated advisor
Java Capital

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