eXtract GROUP LIMITED - Extract Group Ltd/ENX Group Ltd - Fulfillment of conditions precedent to the restructure

Extract Group Ltd/ENX Group Ltd - Fulfillment of conditions precedent to the restructure

EXTRACT GROUP LIMITED                                 ENX GROUP LIMITED
(previously Eqstra Holdings Limited)                  (Incorporated in the Republic of South Africa)
(Incorporated in the Republic of South Africa)        (Registration number 2001/029771/06)
(Registration number 1998/011672/06)                  JSE share code: ENX ISIN: ZAE000222253
JSE share code: EXG   ISIN: ZAE000223202              (“enX”)
(“eXtract”)


FULFILLMENT OF CONDITIONS PRECEDENT TO THE RESTRUCTURE


Shareholders are referred to the announcements released on SENS relating to, inter alia, the restructure and
recapitalisation of eXtract (the “restructure”) the last of which announcements was released on SENS on
12 September 2017.

enX and eXtract are pleased to inform shareholders that all conditions precedent to the restructure have been fulfilled
and the restructure will now be implemented. Upon the implementation of steps 1 – 5 of the restructure (as detailed in
the circulars issued to enX and eXtract shareholders on 11 July 2017) being implemented a finalisation announcement
in respect of the unbundling and distribution by enX of 3 861 041 279 eXtract shares to enX shareholders in the ratio
of 21.39799 eXtract shares will be released on SENS by enX.

28 September 2017


Sponsor to enX and eXtract                            Joint corporate advisor to eXtract
Corporate advisor to enX                              BSM Black
Joint corporate advisor to eXtract
Java Capital


Legal advisor to enX and eXtract
enS Africa

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