Fairness opinion in respect of an acquisition of additional shares from a related party and withdrawal of cautionary ONELOGIX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/004519/06) JSE share code: OLG ISIN: ZAE000026399 (“OLG”) FAIRNESS OPINION IN RESPECT OF AN AQCUISTION OF ADDITIONAL SHARES FROM A RELATED PARTY AND WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT INTRODUCTION Shareholders are referred to the cautionary announcement released on SENS on 23 April 2014, in which shareholders were advised that OLG, through a wholly owned subsidiary, OneLogix Proprietary Limited, had concluded an agreement with Robert Ian Lockett (the “seller”) to acquire the seller’s shareholding (10%) in and claims against OneLogix Projex Proprietary Limited (“OneLogix Projex”) for a purchase consideration of R7 500 000 (the “transaction”). This announcement is in respect of the fairness opinion of the transaction. FAIRNESS OPINION As OLG currently owns 90% of OneLogix Projex and the seller is a director and shareholder of OneLogix Projex, the transaction constitutes a small related party transaction in terms of section 10.7 of the JSE Listings Requirements. A small related party transaction is not subject to shareholder approval, provided that an independent expert has confirmed that the terms of the transaction are fair as far as shareholders are concerned. Merchantec Proprietary Limited (“Merchantec Capital”), who were appointed as the independent expert by OLG, have concluded that the terms of the transaction are fair to OLG shareholders. A copy of Merchantec Capital’s report will be available for inspection at the offices of OLG (46 Tulbagh Road, Pomona, Kempton Park, 1620) for a period of 28 days from the date of this announcement. CONDITIONS PRECEDENT Shareholders are advised that all conditions precedent have been fulfilled and the transaction is now unconditional. WITHDRAWAL OF CAUTIONARY Caution is no longer required to be exercised by OLG shareholders in respect of this transaction. 27 May 2014 Corporate advisor and sponsor Java Capital Independent expert Merchantec Capital Date: 27/05/2014 09:15:00 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.