Published: 04 July 2017

The Directors of NicozDiamond Insurance Limited ("the Company") wish to advise shareholders that further to the cautionary announcement made and last renewed on 28 June 2016, the transaction contemplated did not materialise.

Agreements could not be reached on the transaction structure and therefore negotiations were shelved until such a time that the timing and environment is more conducive.

Accordingly, shareholders are being advised that the caution that was placed on trading in the company's shares has now been lifted.
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