Publication of Notice of Extraordinary General Meeting and Circular Blackstar Group SE (Incorporated in Malta) (Company number SE 4) (registered as an external company with limited liability in the Republic of South Africa under registration number 2011/008274/10) LSE Ticker: BLCK JSE Share code: BCK ISIN: MT0000620113 (“Blackstar” or the “Company”) 26 February 2015 Publication of Notice of Extraordinary General Meeting and Circular Blackstar announces that a Notice of Extraordinary General Meeting (“Notice”) has been posted to its shareholders. A copy of the Notice is available on the Company’s website www.blackstar.eu/Publications. Furthermore, the circular (“Circular”) regarding the proposed acquisition by Blackstar of all the ordinary shares in Times Media Group Limited not already owned by it and its subsidiaries, and a 22.9% equity interest in Kagiso Tiso Holdings Proprietary Limited (“the Acquisitions”) has been made available on the Company’s website (www.blackstar.eu/Publications) from today. The Extraordinary General Meeting (“General Meeting”) has been called for purposes of considering and, if deemed fit, approving, inter alia, the Acquisitions and various matters related thereto. As detailed in the Notice, the General Meeting will be held at the Company’s registered office at 3rd Floor, Avantech Building, St Julian's Road, San Gwann, SGN 2805 Malta on Monday, 23 March 2015 at 10:00 am (CET). The expected timetable of the principal events is presented below: Publication of the Notice and the Circular on Thursday, 26 February 2015 Record date to participate and vote at the General Meeting Thursday, 19 March 2015 Signed Forms of Proxy must reach the Company by Thursday, 19 March 2015 General Meeting to be held on Monday, 23 March 2015 at 10:00 am (CET) Publication of the results of the General Meeting on Monday, 23 March 2015 Each of the times and dates in the above timetable is subject to change. If the Blackstar shareholders approve the Resolutions at the General Meeting, a number of steps necessary for the completion of the Acquisitions will remain outstanding, including cancellation of the admission of the existing Blackstar shares on AIM, the admission of Blackstar’s shares to trading on the Specialist Fund Market of the London Stock Exchange and the related publication by Blackstar of a prospectus in accordance with the Prospectus Rules. Its expected that these steps will be completed in sufficient time to enable the completion of the Acquisitions during the second quarter of 2015. For further information, please contact: Blackstar Group SE Leanna Isaac + 356 2137 3360 Liberum Capital Limited Chris Bowman / +44 (0) 20 3100 2222 Christopher Britton PSG Capital (Pty) Limited David Tosi +27 (0) 21 887 9602 26 February 2015 Date: 26/02/2015 05:30:00 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.