Finalisation announcement in relation to the unbundling and name change EQSTRA HOLDINGS LIMITED (Incorporated in South Africa) (Registration number 1998/011672/06) Share code: EQS ISIN: ZAE000117123 (“Eqstra” or the “Company”) Finalisation announcement in relation to the proposed disposal of Eqstra’s Fleet Management and Logistics Division and Industrial Equipment Division to enX Group Limited (“enX”), together with a recapitalisation of the remaining Eqstra business by enX (“Disposal”), the unbundling of the enX Consideration Shares to Eqstra shareholders (“Unbundling”) and the proposed name change (“Change of Name”) (“Proposed Transaction”) Shareholders are referred to the announcement released on SENS on 22 September 2016 in which the Company announced that all resolutions were passed at the general meeting in relation to the Proposed Transaction, and to the circular dated 24 August 2016 relating thereto, which should be read in its entirety for a full understanding of the Proposed Transaction. The Board has pleasure in announcing that all suspensive conditions in relation to the Proposed Transaction have been fulfilled, and the Proposed Transaction is now unconditional. The effective date of the Disposal is 8 November 2016. Set out below is confirmation of the salient dates and times relating to the implementation of the Proposed Transaction: 2016 Last day to trade in Eqstra ordinary shares on the JSE to participate Tuesday, 15 November in the Unbundling1 Last day to trade in Eqstra ordinary shares under the old name Tuesday, 15 November Listing and trading of the new Eqstra ordinary shares under the new Wednesday, 16 November name “eXtract Group Limited” (ISIN: ZAE000223202) and removal of the old Eqstra ordinary shares on the JSE trading system Announcement relating to the ratio apportionment of expenditure Thursday, 17 November and market value in respect of the Unbundling by Eqstra of the enX Consideration Shares to be released on SENS Announcement relating to the cash value (“Cash Value”) determined Thursday, 17 November for use in the payment of fractions as a result of the Unbundling to be released on SENS Unbundling record date to receive enX Consideration Shares and Friday, 18 November record date for the new name “eXtract Group Limited” enX Consideration Shares unbundled to Eqstra ordinary Monday, 21 November shareholders Eqstra ordinary shareholders’ accounts with CSDP or broker updated Monday, 21 November Issue of ordinary shares with the new name “eXtract” and Monday, 21 November certificates posted/CSDPs and brokers accounts updated Notes: 1. The Unbundling will be in the ratio of 0.13 enX Consideration Shares for every 1 Eqstra ordinary share held at the close of business on the Unbundling record date (subject to the rounding principles contained in the Eqstra memorandum of incorporation i.e. allocations will be rounded down to the nearest whole number, resulting in allocations of whole enX Consideration Shares and a cash payment for the fraction). The weighted average traded price of an enX Share for last day to trade + 1 (i.e. Wednesday, 16 November 2016) less 10% will be used as the Cash Value. 2. All dates and times shown above are South African dates and times. 8 November 2016 Johannesburg Corporate Advisor: Rothschild (South Africa) Proprietary Limited Transaction Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Legal Advisor: Werksmans Inc. Date: 08/11/2016 11:02:00 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.