NET 1 UEPS TECHNOLOGIES INC - Notification of reporting person dealings in Net1 securities

Notification of reporting person dealings in Net1 securities

Net 1 UEPS Technologies, Inc.
Registered in the state of Florida, USA
(IRS Employer Identification No. 98-0171860)
Nasdaq share code: UEPS
JSE share code: NT1
ISIN: US64107N2062
("Net1" or "the Company")

Notification of reporting person dealings in Net1 securities

In compliance with rule 3.63 to 3.65 of the JSE Limited Listings Requirements, the following
dealings in the securities of Net1 have taken place by an officer (“reporting persons”) of one
of its major subsidiaries:

Director:                                       Philip Marc Belamant
Name of company of which officer:               ZAZOO Limited
Class of security:                              Common stock
Nature of interest:                             Direct, beneficial
Nature of transaction:                          On-market sale
Number of securities:                           64
Date of transaction:                            September 16, 2016
Price per security:                             ZAR 137.75
Total transaction value:                        ZAR 8,816.00

Director:                                       Philip Marc Belamant
Name of company of which officer:               ZAZOO Limited
Class of security:                              Common stock
Nature of interest:                             Direct, beneficial
Nature of transaction:                          On-market sale
Number of securities:                           8,299
Date of transaction:                            September 19, 2016
Price per security:                             ZAR 125.23
Total transaction value:                        ZAR 1,039,283.77

Clearance to deal was given in terms of paragraph 3.66 of the JSE Limited Listings
Requirements.

September 21, 2016
Johannesburg

Sponsor to Net1:
Deutsche Securities (SA) Proprietary Limited

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