NETCARE /CLICKS - Netcare to outsource Medicross retail pharmacies and Netcare hospital front shops Netcare Limited (Incorporated in the Republic of South Africa) Registration number: 1996/008242/06 JSE share code: NTC ISIN: ZAE000011953 (“Netcare”) Clicks Group Limited (Incorporated in the Republic of South Africa) Registration number: 1996/000645/06 JSE share code: CLS ISIN: ZAE000134854 CUSIP: 18682W205 (“Clicks”) JOINT VOLUNTARY ANNOUNCEMENT: NETCARE TO OUTSOURCE MEDICROSS RETAIL PHARMACIES AND NETCARE HOSPITAL RETAIL FRONT SHOP OPERATIONS TO CLICKS Shareholders are advised that Netcare has entered into a long-term agreement to outsource their 37 retail pharmacies in the Medicross family medical and dental centres (“Medicross”) and the 51 hospital retail front shop operations (“front shops”) of the Netcare Hospital division to Clicks (“the Transaction”). In terms of the agreement, Clicks will assume control of all Medicross pharmacies and the front shops of the Netcare Hospital division. The agreement excludes the dispensing of prescriptions in the Netcare Hospital pharmacies which remain within Netcare’s hospital operations. Specific employees involved in these areas of the business will be transferred to Clicks on terms similar to their current conditions of employment and any other employees indirectly affected will remain employed by Netcare on their current conditions of employment. The rationale for the Transaction is to offer an enhanced retail service offering to both patients and consumers by affiliating the pharmacy and the front shops to an experienced retail provider such as Clicks. The implementation date of the Transaction is expected to be 1 October 2016, subject to various conditions precedent and regulatory approvals, including Competition Commission approval. The Transaction is a non-categorised transaction in terms of the JSE Listings Requirements for Netcare and Clicks and will have no material impact on the earnings and financial positions of either Netcare or Clicks. Shareholders are referred to the joint media statement on the websites of both Clicks (www.clicksgroup.co.za) and Netcare (www.netcare.co.za). Johannesburg 8 June 2016 Sponsor to Netcare Deutsche Securities (SA) Proprietary Limited Sponsor to Clicks Investec Bank Limited Date: 08/06/2016 10:00:00 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.