Texaf S.A. — M&A Activity 2012

Jul 16, 2012

S O C I E T E A N O N Y M E - N A A M L O Z E V E N N O O T S C H A P

PRESS RELEASE July 16, 2012

REGULATED INFORMATION

TRANSFER OF MECELCO

Since several months, TEXAF was looking to partner its subsidiary MECELCO (wagons maintenance and heavy metalworking in Lubumbashi) with an industrial operator, able to accelerate its development.

This search has succeeded: TEXAF and its co-shareholders have sold their stakes in MECELCO to an industrial group active in Katanga.

This new stage in MECELCO's life will allow it to continue growing, after TEXAF, as part of its industrial investment policy in the D.R. Congo, has spent years turning it around, structuring and diversifying it.

Taking into account provisions made previously, this disposal will generate a positive result, still under evaluation but larger than 1 million EUR, and eliminate a source of recurring losses.

Texaf, founded in 1925, is the only investment company with industrial, financial and real estate interests listed on Euronext which currently has all its activities and subsidiaries in the Democratic Republic of Congo. This stock market listing of activities in DRC, along with the associated good governance and transparency requirements, constitutes one of the group's major assets in promoting the formal sector in the country.

Contact: Philippe Croonenberghs, CEO: +32 495 24 32 64 Christophe Evers, CFO : + 32 495 24 32 60