PSG KONSULT LIMITED - PSG Konsult further focuses its core operations

PSG Konsult further focuses its core operations

PSG Konsult Limited
(Incorporated in the Republic of South Africa)
Registration Number: 1993/003941/06
JSE Share Code: KST
NSX Share Code: KFS
ISIN Code: ZAE000191417
(“PSG Konsult”)

VOLUNTARY ANNOUNCEMENT: PSG KONSULT FURTHER FOCUSES ITS CORE
OPERATIONS

Shareholders are advised that PSG Konsult has disposed of two
of its non-core businesses: PSG Academy and Nhluvuko Risk
Administration.

PSG Academy, a private higher education institute that offers
training to financial advisers, has been acquired by Moonstone
Information Refinery. The academy will continue its operations
under new ownership, with current students remaining enrolled
and existing courses being offered as before. All academy
personnel have also retained their posts.

Nhluvuko Risk Administration, a health insurance
administrator, has been disposed of to African Unity Health
(Pty) Ltd. The sale has no direct impact on the staff or
clients of Nhluvuko Risk Administration and the business will
continue to operate as before with existing products, services
and issued insurance cover remaining in place.

Both sales are effective from 1 March 2015.

The transactions allow PSG Konsult to further simplify its
business structure and direct greater focus to core
operations. PSG Konsult also believes this to be in the best
interests of clients of both PSG Academy and Nhluvuko Risk
Administration, as the businesses have been sold to reputable
companies that can apply a dedicated focus to their
operations.

Tyger Valley
2 March 2015

JSE sponsor: PSG Capital (Pty) Ltd
NSX sponsor: PSG Wealth Management (Namibia) (Pty) Ltd, member
of the Namibian Stock Exchange

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