Voluntary announcement: completion of Virgin Active acquisition Brait SE (Registered in Malta as a European Company) (Registration No.SE1) Share code: BAT ISIN: LU0011857645 Share Code: BATP ISIN: MT0000680208 (“Brait”) VOLUNTARY ANNOUNCEMENT: COMPLETION OF VIRGIN ACTIVE ACQUISITION Brait shareholders are referred to the announcement released on the website of the Luxembourg Stock Exchange and on the Stock Exchange News Service of the JSE Limited on 16 April 2015 in terms of which Brait’s wholly owned subsidiary, Brait Mauritius Limited, entered into a conditional agreement, primarily with Darwin Holdings, a wholly owned subsidiary of funds managed and advised by CVC Capital Partners, and Virgin Group Holdings Limited, to acquire a c.80% interest in Virgin Active (“the Acquisition”) for c.GBP691 million. The board of directors of Brait is pleased to confirm the completion of the Acquisition. The family interests of Sir Richard Branson and the existing Virgin Active management will hold the remaining c.20%. 16 July 2015 Brait’s primary listing is on the Euro MTF market of the Luxembourg Stock Exchange and its secondary listing is on the Johannesburg Stock Exchange. Joint investment banks to Brait The Standard Bank of South Africa Rand Merchant Bank (A division of FirstRand Bank Limited) United Kingdom attorneys Linklaters LLP South African attorneys DLA Cliffe Dekker Hofmeyr European legal advisor M Partners S.à r.l. (A member of Maitland Legal) Sponsor to Brait Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 16/07/2015 09:20:00 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.