Withdrawal of cautionary announcement FONEWORX HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1997/010640/06) Share code: FWX ISIN: ZAE000086237 (“FoneWorx” or “the Company”) WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT Shareholders are referred to the cautionary announcement dated 12 July 2012, the subsequent renewal of cautionary announcements, the last of which was dated 19 April 2013, and are advised that the transaction between the Company and the Value+ Nettwork Proprietary Limited (“Value+”) has been terminated by mutual consent and all disputes between the Company, Value+ and The Isaac and William Kirsh Family Trusts (“Kirsh Family”) have been resolved. The Kirsh Family's stake in the Company comprising of 44.5 million shares of the Company’s issued share capital (32.7% of the Company) has been acquired by Caxton and CTP Printers & Publishers Limited with effect from 30 May 2013 for a purchase consideration of R102.5 million and based on a per share price of the Company of R2.30 per share. It is accordingly no longer necessary to exercise caution when dealing in the Company’s securities. Johannesburg 27 May 2013 Designated Adviser Merchantec Capital Attorneys to Foneworx Holdings Limited Fluxmans Inc. Transaction Advisor to Value+ Nettwork and The Isaac and William Kirsh Family Trusts Neil Lazarus SC Date: 27/05/2013 12:45:00 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.