Offer and Listing of Novus Novus Holdings Limited (Formerly known as Paarl Media Group Proprietary Limited) (Incorporated in the Republic South Africa) (Registration number 2008/011165/06) JSE share code: NVS ISIN: ZAE000202149 (“Novus” or the “Company”) OFFER AND LISTING OF NOVUS Reference is made to the Company’s announcement (“Announcement”) published on SENS on Monday, 16 March 2015, detailing an urgent application lodged by Caxton and CTP Publishers and Printers Limited to the Competition Tribunal (“Application”) that Media24 Proprietary Limited (“Media24”), Novus, Adbait Proprietary Limited and Lambert Retief "notify the acquisition of sole control by Media24 over Novus as well as an order prohibiting the implementation of the restated management agreement arising as a result of the Novus listing until such time as the change of control so brought about by the listing as a result of the implementation of the restated management agreement has been approved by the Tribunal”. This matter was heard by the Competition Tribunal on Friday, 20 March 2015. On Monday, 23 March 2015, the Competition Tribunal dismissed the Application. As such, the Novus listing will go ahead as scheduled. For ease of reference, the salient dates and times of the offer and listing as disclosed in the Announcement remain as set out below: Key action 2015 Last date and time for indications of interest for purposes of book building to be received up until 12:00 on Wednesday, 25 March Closing date of the offer at 12:00 on Thursday, 26 March Successful applicants advised of allocations by Thursday, 26 March Publication date of the final offer price and final number of offer shares released on SENS on Thursday, 26 March Publication date of the final offer price and final number of offer shares published in the press on Friday, 27 March Payment date for allocated Novus shares on Monday , 30 March Listing date on Tuesday, 31 March Accounts at CSDP or broker updated and credited in respect of dematerialised shareholders on Tuesday, 31 March All dates and times referred to above are subject to change and any such change will be released on SENS. 24 March 2015 Johannesburg Sponsor Investec Bank Limited Date: 24/03/2015 10:44:00 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.