WTL 201411170041A
Resignation of Designated Adviser

William Tell Holdings Limited
Incorporated in the Republic of South Africa
(Registration number 2004/030045/06)
Share code: WTL ISIN: ZAE000098133
(“the Company”)


RESIGNATION OF DESIGNATED ADVISER


Shareholders are hereby advised that Merchantec Capital has resigned as Designated Adviser to the
Company with immediate effect.

Johannesburg
17 November 2014

Designated Adviser
Merchantec Capital

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