PRESCIENT LIMITED - Prescient/Stellar Capital - Extension of date for fulfilment or waiver of conditions precedent

Prescient/Stellar Capital - Extension of date for fulfilment or waiver of conditions precedent

Prescient Limited                                         Stellar Capital Partners Limited
Incorporated in the Republic of South Africa              Incorporated in the Republic of South Africa
Registration number: 1936/008278/06                       Registration number 1998/015580/06
Share Code: PCT           ISIN: ZAE000163531              Share code: SCP          ISIN: ZAE000198586
("Prescient" or the “Company”)                            (“Stellar Capital”)

EXTENSION OF DATE FOR FULFILMENT OR WAIVER OF CONDITIONS PRECEDENT

Further to the announcement released on SENS on 28 October 2016 (and using the terms defined
therein and the Circular posted to Prescient Shareholders), Prescient Shareholders are advised that all
conditions precedent have not yet been fulfilled, as certain regulatory matters are still being finalised in
relation to the Proposed Transaction.

Accordingly, Prescient and Stellar Capital have agreed to extend the date for the fulfilment or waiver of
the conditions precedent, to 28 February 2017. A detailed timetable will be released as part of the
finalisation announcement once all conditions precedent have been fulfilled or waived.

Cape Town
23 January 2017

Sponsor to Prescient:                                Merchant bank and sponsor to Stellar Capital:
Bridge Capital Advisors Proprietary Limited          RAND MERCHANT BANK (A division of
                                                     FirstRand Bank Limited)

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