Result of Extraordinary General Meeting 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”) 24 March 2015 Result of Extraordinary General Meeting (“EGM”) The Board of Blackstar is pleased to announce that at the EGM held on 23 March 2015, at 3rd Floor, Avantech Building, St. Julian's Road, San Gwann, SGN 2805, Malta, all resolutions put to the EGM were passed by the requisite majority. Completion of the proposed acquisition by Blackstar of all the ordinary shares in Times Media Group Limited (“TMG”) not already owned by it and its subsidiaries, and a 22.9% equity interest in Kagiso Tiso Holdings Proprietary Limited (the “Acquisitions”) remains subject a number of conditions, including a vote of TMG shareholders. It is the Company’s intention to publish a proposed timetable shortly to completion of the Acquisitions and when trading in the Company’s shares will recommence. For further information, please contact: Blackstar Group SE Leanna Isaac + 356 2137 3360 Liberum Capital Limited Clayton Bush/Christopher Britton +44 (0) 20 3100 2222 PSG Capital (Pty) Limited David Tosi +27 (0) 21 887 9602 24 March 2015 Date: 24/03/2015 09:00:00 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.