Joint Finalisation Announcement in respect of the Scheme of Arrangement DIGICORE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/012601/06) Share code: DGC ISIN: ZAE000016945 ("Digicore" or “the Company”) NOVATEL WIRELESS, INC. (Incorporated under the laws of the State of Delaware, United States of America, with registration number 2614230) NASDAQ share code: MIFI ("Novatel Wireless") JOINT FINALISATION ANNOUNCEMENT IN RESPECT OF THE SCHEME OF ARRANGEMENT 1. INTRODUCTION Shareholders of Digicore (“Digicore Shareholders”) are referred to the announcement released on SENS on 2 September 2015, in terms of which shareholders were advised that all the proposed resolutions were passed by the requisite majorities of Digicore Shareholders in order to implement the scheme of arrangement in terms of which, if implemented, Novatel Wireless will acquire all the ordinary shares in Digicore (“Ordinary Shares”), other than the Ordinary Shares held by any subsidiaries of Digicore and the Ordinary Shares held by the Digicore Holdings Limited Share Trust (“Scheme”). Digicore Shareholders are also referred to the joint announcement published by Novatel Wireless and Digicore on 31 July 2015, whereby shareholders were advised that a circular (“the Circular”), setting out the terms and conditions of, inter alia, the Scheme was distributed to Digicore Shareholders (“the 31 July 2015 Announcement”). Shareholders are hereby advised that all of the conditions precedent as set out in Circular (“Scheme Conditions”) have now been fulfilled or waived and, accordingly, the Scheme has become unconditional. 2. IMPORTANT DATES AND TIMES Digicore Shareholders are referred to the table below setting out important dates and times in relation to the final implementation of the Scheme. Digicore Shareholders should note that the important dates and times as set out below differ from those set out in the Circular and the 31 July 2015 Announcement. The aforementioned important dates and times have been brought forward due to the early fulfilment or waiver of the Scheme Conditions. Capitalised terms used below and elsewhere in this announcement and that are not otherwise defined, bear the meanings ascribed to them in the Circular. 2015 Scheme LDT on Friday, 25 September Trading in Digicore Shares on the JSE Monday, suspended from commencement of trade on 28 September Scheme Consideration Record Date to be Friday, recorded in the Register in order to receive 2 October the Scheme Consideration on Scheme Implementation Date on Monday, 5 October Scheme Consideration payment to take place on Monday, 5 October Termination of listing of Digicore Shares from Tuesday, the JSE at commencement of trade on 6 October Notes: 1. No dematerialisation or re-materialisation of Digicore Shares may take place from the commencement of business on the Business Day following the Scheme LDT. 2. All times referred to in this announcement are references to South African Standard Time. Centurion 15 September 2015 PSG Capital Proprietary Limited: Transaction Advisor and Sponsor to Digicore Cliffe Dekker Hofmeyr: Legal Advisor to Digicore Read Hope Phillips Thomas & Cadman Inc: Legal Advisors to Novatel Wireless in South Africa Paul Hastings LLP: Legal Advisor to Novatel Wireless in the United States Date: 15/09/2015 05:00:00 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.