Long Term Incentive Scheme Share Award 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”) 06 May 2015 Blackstar Group SE (“Blackstar” or the “Company”) Long Term Incentive Scheme Share Award Blackstar announces that in accordance with the terms of the shareholder-approved Blackstar long term Management Incentive Scheme, and as referred to in the Blackstar Annual Report and Accounts 2014, the Company awarded a total of 1,802,129 ordinary shares of €0.76 each (“Ordinary Shares”) as part of the 2014 Incentive award (the “Award”). As the Blackstar shares are no longer suspended from trading, the Award will now be satisfied by the transfer out of treasury of 791,558 Ordinary Shares and the issue and allotment of 1,010,571 new Ordinary Shares. It is expected that the 1,802,129 Ordinary Shares will be admitted to trading on AIM on or around 12 May 2015. As part of the Award, Andrew Bonamour, Non Executive Director of the Company and Director of Blackstar Group (Pty) Limited, the Company’s investment advisory subsidiary, will receive 287,474 Ordinary Shares. Following the transaction, Andrew Bonamour will be interested in 8,780,215 Ordinary Shares, representing 10.6% of the issued share capital of the Company. Post the Award, the issued share capital of the Company will increase from 82,088,500 Ordinary Shares to 83,099,071 Ordinary Shares and there are no shares held in treasury. For further information, please contact: Blackstar Group SE Leanna Isaac + 356 2137 3360 Zai Corporate Finance Limited - Corporate Finance Tom Price / Richard Morrison +44 (0) 20 7060 2220 - Sales Steven Baird +44 (0) 20 7060 2220 PSG Capital (Pty) Limited David Tosi +27 (0) 21 887 9602 Date: 06/05/2015 04:00:00 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.