Dealing in securities by a Trust Scheme CSG Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2006/011359/06) Share code: CSG ISIN code: ZAE000184438 ("CSG” or “the Company”) DEALINGS IN SECURITIES BY THE CSG SHARE INCENTIVE TRUST In compliance with Schedule 14.9 and paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information relating to the dealings in securities by the CSG Share Incentive Trust is disclosed: Name of share incentive scheme The CSG Holdings Limited Share Incentive Trust Class of securities Ordinary shares Date of the transaction 11 January 2016 Volume weighted average price (cents) 144.30 Number of securities transacted 14 800 Value of the transaction R21 355.87 Highest price (cents) 150 Lowest price (cents) 140 Date of the transaction 12 January 2016 Volume weighted average price (cents) 149.53 Number of securities transacted 15 000 Value of the transaction R22 430.00 Highest price (cents) 150 Lowest price (cents) 149 Date of the transaction 13 January 2016 Volume weighted average price (cents) 146.47 Number of securities transacted 10 000 Value of the transaction R14 647.05 Highest price (cents) 150 Lowest price (cents) 145 Nature of transactions Purchase of shares by the CSG Share Incentive Trust to enable it to comply with its obligations (On-market transaction) Clearance obtained Yes Pretoria 14 January 2016 Designated Advisor Sasfin Capital (a division of Sasfin Bank Limited) Date: 14/01/2016 12:24:00 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.