Finalisation announcement and salient dates for the consolidation and authorised share increase ENX GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 2001/029771/06) JSE share code: ENX ISIN: ZAE000195723 (“enX” or “the company”) FINALISATION ANNOUNCEMENT AND SALIENT DATES FOR THE CONSOLIDATION AND AUTHORISED SHARE INCREASE Shareholders are referred to the announcements released on SENS on 24 August 2016 and 22 September 2016 in respect of, inter alia: - the consolidation of enX’s shares in the ratio of 11 to 1 (the “consolidation”); and - an increase in the number of enX authorised shares (the “authorised share increase”). enX is pleased to advise that the special resolutions in respect of the consolidation and authorised share increase, together with all prescribed documents, have been accepted and placed on file by the Companies and Intellectual Property Commission (“CIPC”). The salient dates and times in respect of the implementation of the consolidation and authorised share increase are as follows: 2016 Special resolution relating to the consolidation and the authorised share increase accepted and filed by CIPC Monday, 10 October Consolidation finalisation announcement is published on SENS Tuesday, 11 October Last day to trade in existing enX shares prior to the consolidation Tuesday, 18 October Trading in consolidated enX shares under new ISIN ZAE000222253 commences Wednesday, 19 October Price for fractional entitlements announced on SENS Thursday, 20 October Record date for the consolidation at close of business on Friday, 21 October Dematerialised shareholders will have their accounts at their CSDP or broker updated to reflect the consolidated enX shares Monday, 24 October New replacement share certificates issued to certificated shareholders, provided that the old share certificates have been lodged by 12:00 on Friday, 21 October 2016 (share certificates received after this time will be posted within 5 business days of receipt) Monday, 24 October Notes: 1. All dates and times are local dates and times in South Africa. 2. No dematerialisation or rematerialisation of enX shares may take place between Wednesday, 19 October 2016 and Friday, 21 October 2016, both days inclusive. In implementing the consolidation, enX is required by the JSE to apply the rounding principle that a shareholder becoming entitled to a fraction of a share arising from the consolidation will be rounded down to the nearest whole number, resulting in the allocation of whole new enX shares and a cash payment for the fraction. The value of such cash payment will be the volume weighted average traded price per enX share less 10% on the first day of trade after the last day to trade in order to participate in the consolidation, which will be announced on SENS on the second day of trade after the last day to trade in order to participate in the consolidation. 11 October 2016 Corporate advisor and sponsor Legal advisor to enX Java Capital enS Africa Date: 11/10/2016 11:12:00 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.