SASFIN HOLDINGS LIMITED - Cautionary

Cautionary

SASFIN HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1987/002097/06)
(“Sasfin” or “the Company”)
Ordinary share code: SFN ISIN: ZAE000006565
Preference share code: SFNP ISIN: ZAE000060273

CAUTIONARY ANNOUNCEMENT

Sasfin shareholders (“Shareholders”) are advised that the Company is in
discussions with a potential broad-based black economic empowerment investor (“B-
BBEE Investor”). Such discussions may lead to the conclusion of a formal
agreement with the B-BBEE Investor (which agreement will be subject to all requisite
requirements and regulatory approvals, including approval from the South African
Reserve Bank). Should an agreement embodying the terms and conditions of the
discussions be concluded, it may have a material effect on the price of the
Company’s securities. Accordingly, Shareholders are advised to exercise caution
when dealing in the Company’s securities until a further announcement is made.

Johannesburg
1 November 2016

Lead Sponsor
Sasfin Capital (a division of Sasfin Bank Limited)

Independent sponsor
KPMG Services Proprietary Limited

Legal Adviser to Sasfin
Edward Nathan Sonnenbergs Incorporated

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