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Business update

Published: 2021-12-10 08:50:00 ET
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Lighthouse Capital Limited (JSE:LTE) News - Business update

LIGHTHOUSE CAPITAL LIMITED
(Incorporated in the Republic of Mauritius on 14 August 2014)
(Registration number: C124756 C1/GBL)
JSE share code: LTE
ISIN: MU0461N00015
LEI: 569300UG27SWRFOX2U62
("Lighthouse" or the "Company")


BUSINESS UPDATE


Following on from Lighthouse's recent successful acquisition of a 75% share in a portfolio of four French retail
assets, shareholders are advised that the Company has agreed terms and has entered into an exclusivity agreement
with regard to the potential acquisition of a dominant shopping mall in Spain. The potential acquisition is subject to
the conclusion of a successful due diligence, as well as approval from the existing financiers of the target for an
effective change in ownership. Further details will follow subsequent to the conclusion of the due diligence.

Shareholders are further advised that Lighthouse's insurers have approved the maximum business interruption
insurance claim in terms of the Company’s insurance policies with regard to COVID-19 lockdowns during 2020.
The final net settlement amount is expected to be circa EUR 950,000. The insurance settlement has not previously
been accrued for in Lighthouse's results. In line with broad market practice, with effect from 2021, Lighthouse's
renewed insurance policies no longer cover business interruption resulting from infectious disease.

10 December 2021


                          JSE sponsor                                    Company Secretary
                         Java Capital                                 International Trust Ltd
                     Tel: +27 78 456 9999                                Tel: +230 403 800

Date: 10-12-2021 10:50:00
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