Posting of circular

Posting of circular

Watermark Global

Watermark Global Plc

(“Watermark” or the “Company”)

Posting of circular

Further to the announcement of 15 December 2011, Watermark is pleased to announce that it has published a circular, incorporating a notice of general meeting, regarding the proposed sale of its operating subsidiary, Western Utilities Corporation (Pty) Ltd to Capricorn Investment Holdings Limited. A copy of the document may be obtained from the Company's corporate website www.watermarkglobalplc.com.

Enquiries

Watermark Global plc

Jaco Schoeman, Chief Executive Officer Tel: + 44(0) 20 7233 1462

[e-mail]

Charles Zorab, Investor Relations Tel: + 44(0) 20 7233 1462

[e-mail]

Cenkos Securities plc - Nominated Adviser

Ian Soanes/Max Hartley Tel: [phone]