Notification of Major Interest in Shares Blackstar Group SE Previously Blackstar Group PLC (Incorporated in England and Wales) (Company number SE 30) (registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10) Share code: BCK ISIN: GB00B0W3NL87 (“Blackstar” or the “Company”) NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights Blackstar Group SE are attached: 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights Yes An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the notification obligation: Damille Investments II Limited 4. Full name of shareholder(s) (if different from 3.): Singer Nominees Limited (on behalf of Damille Investments II Limited) 5. Date of the transaction and date on which the threshold is crossed or reached: 2 April 2013 6. Date on which issuer notified: 3 April 2013 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous Resulting situation after the triggering transaction shares to the triggering transaction if possible using Number Number Number Number of voting % of voting the ISIN CODE of of of shares rights rights Shares Voting Direct Direct Indirect Direct Indirect Rights 5,100,000 5,100,000 N/A N/A 2,600,000 N/A 3.41% Ordinary GB00B0W3NL87 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date Conversion rights that may be rights Period acquired if the instrument is exercised/ converted. N/A N/A N/A N/A N/A C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date Conversion rights instrument rights instrument period refers to Nominal Delta N/A N/A N/A N/A N/A N/A N/A Total (A+B+C) Number of voting rights Percentage of voting rights 2,600,000 3.41% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Damille Investments II Limited holds the 2,600,000 shares through Singer Nominees Limited. Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will N/A cease to hold: 12. Date on which proxy holder will cease to N/A hold voting rights: 13. Additional information: N/A 14. Contact name: Anson Fund Managers Limited 15. Contact telephone number: 01481 722 260 For further information, please contact: Blackstar Group SE John Kleynhans +352 26 38 68 606 Liberum Capital Limited Chris Bowman / +44 (0) 20 3100 2222 Christopher Britton PSG Capital (Pty) Limited David Tosi +27 (0) 21 887 9602 8 April 2013 Date: 08/04/2013 05:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.