Finalisation Announcement - Share Consolidation and Share Split Blackstar Group SE (Registered in Malta with registration number SE 4) (registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10) Share code: BLCK LN and BCK SJ ISIN: MT0000620105 (“Blackstar” or the “Company”) FINALISATION ANNOUNCEMENT - SHARE CONSOLIDATION AND SHARE SPLIT Shareholders are referred to the announcement of 7 May 2013, wherein shareholders were advised, inter alia, of the proposed share consolidation and share split (“Share Consolidation and Share Split”) and the results of annual general meeting announcement of 28 May 2013, wherein shareholders were advised that all resolutions put to the annual general meeting were passed, including those relating to the Share Consolidation and Share Split. Shareholders are hereby advised that the special resolutions relating to the Share Consolidation and Share Split have been filed with the Maltese Registrar of Companies. Shareholders are further advised that the Company’s ISIN will change to ISIN: MT0000620113 as a result of the Share Consolidation and Share Split, in accordance with the salient dates and times set out below. The salient dates and times relating to the Share Consolidation and Share Split are as follows: Announcement confirming that the special 31 May 2013 resolutions in respect of the Share Consolidation and Share Split have been filed with the Maltese Registrar of Companies Last day to trade for shareholders on the 21 June 2013 South African sub-register in order to be able to participate in the Share Consolidation and Share Split Listing and trading in new ordinary shares 24 June 2013 commences under new ISIN MT0000620113 on the JSE Last day to trade for shareholders on the AIM 25 June 2013 sub-register in order to be able to participate in the Share Consolidation and Share Split Last day to trade under ISIN: MT0000620105 28 June 2013 on the AIM sub-register Record Date for the Share Consolidation and 28 June 2013 Share Split on both the South African sub- register and the AIM sub-register First trading day after completion of the 1 July 2013 Share Consolidation and Share Split on AIM Trading commences under new ISIN MT0000620113 1 July 2013 on AIM CSDP/Broker accounts updated with the New 1 July 2013 Ordinary Shares on the South African sub- register Share certificates in relation to the new 1 July 2013 ordinary shares posted to shareholders on the South African sub-register Note: 1. No transfer of Shares will be allowed between the sub-registers of the Company between 21 June 2013 and 28 June 2013, both dates included. 2. No dematerialisation and rematerialisation of Shares will be allowed between 24 June 2013 and 28 June 2013, both dates included. 3. If any of the above times and/or dates change materially, the revised times and/or dates will be notified to shareholders by announcement to shareholders on AIM and on Altx. For further information, please contact: Blackstar Group SE Bryan Moyer + 356 2144 6377 Liberum Capital Limited Chris Bowman / +44 (0) 20 3100 2222 Christopher Britton PSG Capital (Pty) David Tosi / +27(0) 21 887 9602 Limited Willie Honeyball Date: 31/05/2013 11:06:00 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.