PPH will proceed to inform potential Investors and issuers over the next few weeks on the discussions held with National Treasury. We will also obtain feedback and input from potential issuers and Investors.

PPH did a full briefing to National Treasury on all aspects of the PurePlay® project. National Treasury requested additional information from PPH which we will supply to National Treasury asap.

We have been advised by National Treasury that they have granted our meeting request and have arranged a meeting for 12 April 2016.

Our USA attorneys advised that there has been an opposition filed against the registration of the PurePlay® trademark in the USA which will be attended to.

PPH has requested a meeting with National Treasury to assist with its application for the PurePlay® Notes to be classified as Local Assets.

PPH provided additional information and macro-economic justification for the application to National Treasury via official channels to assist with the process of approving the request for Local Asset status of the PurePlay® Notes.

The USA correspondents advised that the PurePlay® final patents have been filed in the USA.